Apple Reclaims World's Top Market Cap After 15 Months

Apple has reclaimed its position as the world's most valuable company by market capitalization, 15 months after losing the top spot in April of last year.

Local time on the 27th, Apple's stock closed the regular trading session up about 1% at $336.91.

As a result, Apple's market capitalization rose to $4.948 trillion, approximately 7,260 trillion won in Korean currency, allowing the company to recapture the title of the most valuable corporation globally.

On the other hand, Nvidia, the artificial intelligence semiconductor company that had held the number one market cap position since June of last year, saw its share price drop by about 5% to close at $196.51, bringing its market capitalization to $4.756 trillion.

Apple briefly surpassed Nvidia during intraday trading on the 17th of this month to claim the top spot, but the tables turned again later, and Nvidia maintained the number one position at the market close that day.

(Photo: AP, Yonhap News)
※ Please note: This article was translated by AI and may contain errors.