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Apple is the first company in the world to reach a market capitalization of 3 trillion dollars

2022-01-04T07:55:58.162Z


Washington, SANA- Apple has become the first company in the world to reach a market value of three trillion dollars, in light of the…


Washington-Sana

Apple has become the world's first company with a market capitalization of $3 trillion as investor confidence grows that the iPhone maker will continue to release best-selling products and explore new markets such as self-driving cars and virtual reality.

According to Agence France-Presse, the value of the company's share rose to $182.88 in the middle of the first trading days of the new year, a record number that brought the company's market value to three trillion dollars.

Investors are betting that consumers will continue to buy iPhones, MacBooks and services such as Apple TV and Apple Music.

It took 16 months for Apple's market value to rise from two trillion to three trillion dollars thanks to a sharp rise in its stock recently.

After its market value exceeded the three trillion dollar mark, Microsoft remained alone in the trillion dollar club, while Alphabet, which owns Google, Amazon and Tesla, crossed the trillion dollar mark.

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Source: sena

All business articles on 2022-01-04

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