The gravity-defying act of US technology giants continues. Apple Inc, chief showstopper, crossed $900 billion in market capitalisation for the first time on Wednesday, cementing its position as the world’s largest listed company. The iPhone maker’s shares closed at $176.24, buoyed by robust earnings growth and the chatter surrounding its iPhone X launch. The top five tech companies — Apple, Alphabet, Microsoft, Amazon and Facebook — now have a total market capitalisation of $3.36 trillion, nearly thrice that of India's Nifty 50 companies. What's ...
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First Published: Fri, November 10 2017. 01:19 IST
