The Limited Times

Now you can see non-English news...

Apple becomes the first company in the world to exceed three trillion dollars in value on the stock market

2022-01-03T20:06:41.652Z


Investors trust the Cupertino firm's ability to continue growing Apple has become this Monday the first company in the world to exceed three trillion dollars in value on the stock market. Investors are thus showing their confidence that the iPhone maker will be able to continue to launch products that appeal to the public while exploring new businesses such as driverless cars and the metaverse. On the first day of trading on Wall Street in 2022, the company's


Apple has become this Monday the first company in the world to exceed three trillion dollars in value on the stock market.

Investors are thus showing their confidence that the iPhone maker will be able to continue to launch products that appeal to the public while exploring new businesses such as driverless cars and the metaverse.

On the first day of trading on Wall Street in 2022, the company's shares rose to $ 182.88 mid-session, a new record that has allowed the largest company on the planet to be the first to cross that barrier, a sign that Investors expect consumers to keep pulling their wallets to buy iPhones, MacBooks, and other services like Apple TV and Apple Music.

More information

US tech companies strengthen their stock market hegemony

Apple was the first company in the world to reach $ 1 trillion in August 2018, and the second, after Saudi oil company Aramco, to reach $ 2 trillion, a milestone it achieved in August 2020. Now, 16 months later, exceeds three billion at the head of a group of mega technology companies that have benefited from the increased use of their products during the pandemic.

Among them is also Microsoft - which came to unseat Apple as the most valuable company in the world before relinquishing the throne -, Amazon, Google, Tesla or Nvidia.

Analysts expect demand for iPhones to remain robust in 2022 as Apple leads the Chinese smartphone market and more and more consumers subscribe to its services.

Source: elparis

All business articles on 2022-01-03

You may like

News/Politics 2024-03-27T13:15:35.086Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.