Your submission is now in Draft mode.

Once it's ready, please submit your draft for review by our team of Community Moderators. Thank you!

Submit Essay

Once you submit your essay, you can no longer edit it.

Pending

This content now needs to be approved by community moderators.

Submitted

This essay was submitted and is waiting for review.

Will Apple's market cap drop below $1 trillion before 1 February 2021?

Question

Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. It is considered one of the Big Tech technology companies, alongside Amazon, Google, Microsoft and Facebook.

Apple is well known for its size and revenues. Its worldwide annual revenue totaled $265 billion for the 2018 fiscal year. Apple is the world's largest technology company by revenue and one of the world's most valuable companies. As of January 2020, more than 1.5 billion Apple products are actively in use worldwide.

As of August 15 2020, Apple is the most valuable publicly-traded company in the world, with a market capitalization of over $1.96 trillion.

This question asks: Before 1 February 2021, will Apple's market cap fall below $1 trillion?

This question resolves positively in the event that Apple's market cap is less than $1 trillion at any time (including intra-day) before 1 February 2021, negatively if this does not occur, and ambiguously in the event that Apple ceases to be a publicly-traded company before 1 February 2021.

Categories:
Finance – markets

Make a Prediction

Prediction

Note: this question resolved before its original close time. All of your predictions came after the resolution, so you did not gain (or lose) any points for it.

Note: this question resolved before its original close time. You earned points up until the question resolution, but not afterwards.

Current points depend on your prediction, the community's prediction, and the result. Your total earned points are averaged over the lifetime of the question, so predict early to get as many points as possible! See the FAQ.