Apple reached record-breaking levels in terms of market value. The company had $1 trillion a year later, after surpassing $2 trillion in value. As a result, its value has now exceeded 3 trillion dollars.
Apple
)’s huge success is largely due to the iPhone, which revolutionized the smartphone industry. However,
Apple
also earned the majority of its Q4 2021 earnings on Mac. Apple has done it again! What is 3 trillion dollars?
Shortly after the tech giant’s value reached the $3 trillion milestone on Monday, its market cap is again below that figure. fell below. For Apple’s market cap to be considered 3 trillion, the value ratio would have to stay around 3 trillion by evening. However, this figure, which was seen around 11:00 in the morning, fell below the day before the end of the day.
However, we can still say that this is an indication that the company can potentially reach those figures. Apple isn’t the only company in the trillion dollar club; Amazon, Google’s parent company Alphabet, Microsoft
and Tesla all have a market value of more than 1 trillion dollars. Facebook’s parent company, Meta, surpassed the $1 trillion milestone in June, but is currently sitting below that. In recent years, Apple has wrestled with others for the title of the world’s most valuable publicly traded company. It surpassed Saudi Aramco in July 2020, but was overtaken by Microsoft for a while in October.
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