Apple Reaches Huge Milestone: Becomes First $3 Trillion Company
https://wccftech.com/apple-reaches-huge-milestone-becomes-first-3-trillion-company/
Today, Apple became the first company ever to retain a $3 trillion market capitalization, which is the total value of its outstanding shares. The new milestone is achieved as the company's stock prices were increased by 30 percent in the last year. Scroll down to read more details on the subject.
Apple achieved an impressive milestone as its stock prices were increased to $182.86 only 16 months after it crossed the $2 trillion mark. The figure is still new to the company as it hit the $1 trillion mark less than three and a half years ago. In addition, the company reported strong earnings since the global pandemic began. Apple products were high in demand as people worked from home, allowing not only hardware but services to bloom as well.