Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Apple's share price for the quarter that ended in Mar. 2025 was $222.13. Apple's Shares Outstanding (EOP) for the quarter that ended in Mar. 2025 was 14,939 Mil. Therefore, Apple's market cap for the quarter that ended in Mar. 2025 was $3,318,470 Mil.
Apple's quarterly market cap
increased
from Sep. 2024 ($3,522,211 Mil) to Dec. 2024 ($3,766,500 Mil) but then
declined
from Dec. 2024 ($3,766,500 Mil) to Mar. 2025 ($3,318,470 Mil).
Apple's annual market cap
increased
from Sep. 2022 ($2,203,381 Mil) to Sep. 2023 ($2,662,326 Mil) and
increased
from Sep. 2023 ($2,662,326 Mil) to Sep. 2024 ($3,522,211 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Apple's Enterprise Value for Today is $3,232,508 Mil.
Apple Market Cap Historical Data
The historical data trend for Apple's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Consumer Electronics subindustry, Apple's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Apple's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Apple's Market Cap distribution charts can be found below:
* The bar in red indicates where Apple's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Apple's Market Cap for the fiscal year that ended in Sep. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Apple (NAS:AAPL) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Apple Market Cap Related Terms
Thank you for viewing the detailed overview of Apple's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.
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