echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Medical News > Latest Medical News > The world's market capitalization of more than a trillion dollars Apple layout medical speed up

    The world's market capitalization of more than a trillion dollars Apple layout medical speed up

    • Last Update: 2021-02-27
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    On the evening of August 2nd, Beijing time, Apple's share price hit a new all-time high of $207.05 a share, up 2.5 per cent, and its market capitalisation exceeded the $1 trillion mark for the first time, becoming the first company in US history to exceed $1 trillion in market capitalisation and the first technology company in the world to exceed $1 trillion.
    is not only a milestone for Apple, but also an important milestone for global technology companies. Apple shares were trading at $207.39 in the early hours of August 3, Beijing time, with a market capitalisation of $101.678 billion.is equivalent to 2.12 Alibaba or 2.39 Tencent
    Alibaba and Tencent are currently China's largest Internet companies, and Apple's total market capitalisation is now equivalent to 2.12 Alibabas ($473.333 billion) or 2.39 Tencents (HK$3.29 trillion, or ABOUT$418.536 billion), more than the two add up to.
    A-shares, ICBC tosses first with a market capitalisation of $1.94 trillion ($284.059 billion), compared with Apple.
    Separately, according to data from the Shenzhen Stock Exchange on August 2nd, there are 729 GEM listed companies, while the latest total market capitalisation of GEM as a whole is rmb4.58 trillion, or about $670.4 billion in US dollars, less than Apple's market capitalisation.
    the same time, apples with trillions of dollars in market capitalisation are rich. According to the World Bank's 2017 gross domestic product rankings, Apple currently ranks among the top 17 countries in the world in terms of gross domestic product, surpassing the full-year 2017 gross domestic product of countries such as Turkey, the Netherlands, Switzerland and Saudi Arabia.
    Apple's impressive performance in the market was directly due to better-than-expected results. The world's most profitable company confirmed to the outside world on August 1st, Beijing time, that its ability to make money remained unmatched. Apple's third-quarter results, released on the same day, showed revenue of $53.3 billion, up 17% year-on-year, and net profit of $11.519 billion, up 32% year-on-year, both of which were higher than market expectations. This quarter's results were also the best third quarter in Apple's history.is another big opportunity for Apple, and CEO
    has made it clear that the healthcare market is a huge opportunity for Apple. So Apple's long-term footprint in healthcare has never stopped.
    as early as April 2016, Apple teamed up with IBM, Johnson and Johnson, and Medtron to create a Watson Health Cloud supercognitive computing platform that provides customized data analytics services for physicians and secure cloud data for HealthKit, ResearchKit, and CareKit platforms.August 2016, Apple confirmed the acquisition of Gliimpse, a personal health record company. What the company is doing is putting all the health data together on a compliant digital case platform, greatly improving the synergy of medical information. The acquisition could not have been more appropriate for Apple, which is looking for ways to build medical credentials for several products, including HealthKit, ResearchKit and CareKit. "Apple just wants to have an off-the-go ecosystem to collect personal health records," said Brian Eastwood, an analyst at the Chilmark Institute who studies consumer engagement and consumer-oriented healthcare models. In
    2016, Apple Watch signed a large order with Aetn Insurance Group. Aetn insurance will use a significant amount of money to buy Apple Watch for some of the major employers and individual customers, while also giving away free of charge to nearly 50,000 employees, improving the overall health of the business, and implementing the company's health care reimbursement program.
    spring of 2018, Apple is launching an exclusive clinic for employees and their families called AC Wellness.
    in the strategic layout of health care, Apple has always maintained the "man-in-hand" standard, in order to build a first-class team of medical care, to dig up a number of health care industry background executives and technicians.
    since Apple poached more than a dozen biomedical experts from biomedical companies such as Vital Connect, Masimo, Sano, Medtron and C8 Medisensors. It was later confirmed that some of these people worked for the Apple Watch team, while others worked for the diabetes sensor research team.
    April 2017, CNBC's technology reporter said that according to insiders, there is an unassalinable studio in the Palo Alto area of California, where the biomedical engineering team is employed by Apple. The team is part of a super-secret program that Jobs envisioned early on to develop a sensor that can monitor blood sugar levels in diabetics as non-invasive and persistent.
    hired a large number of doctors and health experts and scholars to provide theoretical and clinical backing for research in this field. Sumbul Desai, a digital health researcher at Stanford University, for example, was poached by Apple as a senior researcher and is working with the U.S. Food and Drug Administration to create a digital health monitoring software service that complies with regulations and provides faster and easier access.
    's intention to lay out medical care is clear. Subversion is quietly under way, and Apple's trillion-dollar "ambition" in healthcare is starting! (Health)
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.