Trade [[data.name]]

Apple has grown into the world’s most valuable company. After originally specialising in personal computers, Apple has since diversified into consumer electronics. Its iPhone devices have helped to facilitate the smartphone era, becoming the world’s second-biggest mobile manufacturer. It remains in the top-five leading personal computer vendors too, demonstrating its broad-based success as a multinational tech giant.

Apple has overcome many hurdles to get to where it is today. Its Macintosh personal computers lost market share following the rise of Microsoft Windows in the 1990s. However, the company eventually overcame its operating system issues that were brought to light by the agility of Windows. Under the leadership of Steve Jobs, Apple returned to profitability following the successful ideation and launch of an ambitious product range spanning iPhones, iMacs, iPods and iPads.

Founded: April 1976, Los Altos, California, USA
Founders: Steve Jobs, Steve Wozniak and Ronald Wayne
Headquarters: 1 Apple Park Way, Cupertino, California, US

Apple and the FAANG Companies

Faang is an acronym for the five most successful technology companies in the world: Meta, Amazon, Apple, Microsoft, and Google (Alphabet). These companies have come to dominate their respective industries, and they show no signs of slowing down. Combined, they are worth over $3 trillion dollars and they employ tens of thousands of people.
They are some of the most popular and well-trafficked websites in the world, and they have transformed the way we communicate, consume media, and do business. In many ways, they have come to dominate the tech landscape, and they show no signs of slowing down.

Apple’s share price continues to reach new landmarks. In August 2018, it was the first publicly listed company in the US to be worth more than $1 trillion. Two years later, it hit the $2 trillion mark and in January 2022 it reached a market capitalisation of $3 trillion. Subsequently, Apple is one of the most influential assets within the US100 and various stock market indices, namely the US100, the S&P 100 and the US 30 Industrial Average (DJIA).

Between July 2017 and July 2022, the Apple share price has experienced bullish momentum, growing by more than 305%. It peaked at an all-time high of $182 per share in January 2022 but retracted to lows of $129 per share in June 2022 following the onset of global inflation.

Apple shares are some of the most expensive to buy outright, requiring deep pockets for first-time investors. However, thanks to the use of contracts for difference (CFD) trading, it’s now possible for traders of all experience levels to speculate on the price of Apple shares without having to physically own shares of the consumer tech giant.

Leverage also makes it cheaper for retail traders like you to get involved on large-cap stocks like Apple. This allows you to deposit a small percentage of the overall value of your position to gain full market exposure. If you were to physically pay for Apple shares you would have to buy them outright in full. With CFD trading you can also short-sell the price of Apple shares, allowing you to profit from the decline in the company’s share price, which may occur during times of economic uncertainty.