Apple is worth more than the market capitalization of each company on the South Korean stock exchange. Besides the AAPL stock, Microsoft and Amazon also outperformed the combined value of companies (via Bloomberg News).
AAPL ahead of Korean companies for most of 2020
On Friday, all of the companies in the South Korean index were worth around $ 1.4 trillion. AAPL stock had a total value of $ 1.7 trillion. Meanwhile, Microsoft and Amazon have both reached a value of around $ 1.5 trillion. In fact, the data shows that Apple was first worth more than Korea Inc on January 29, 2020. Microsoft hit that level a week later. Amazon has risen and fallen a bit, but is worth more than Korean companies since June 30. The largest South Korean company is Samsung, which had a market capitalization of $ 269 billion as the weekend approached.
[AAPL FY20 Q3 Earnings Call To Take Place July 30]