Posted 12/14/2023, 11:25:01 AM
Apple Soars Past $2 Trillion Valuation, Nearing Size of French Stock Market
- Apple's market value is approaching that of the entire French stock market, one of Europe's largest
- Apple is now bigger than all but the 6 largest stock markets globally
- Apple and the French market have swapped positions in size several times recently amid stock market volatility
- Apple's shares have surged over 50% in 2023, adding about $1 trillion in market cap, rebounding from a selloff last year
- Analysts expect Apple's revenue growth to reaccelerate in 2024 with renewed demand for iPhones and other devices