Apple becomes world’s 1st $3 trillion company

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Apple is now the first publicly traded company to ever be worth $3 trillion. The company passed $2 trillion in 2020 and $1 trillion in 2018.

Shares of the technology company were trading Monday at an all-time high of $182.88. The stock later pulled back from that level.Apple shares rose 35% in 2021 partly due to the success of its iPhone 13, Apple Music and Apple TV+.

For context, Microsoft is worth about $2.5 trillion, Google owner Alphabet is worth around $2 trillion, and Amazon is worth around $1.7 trillion.

Source: News Formal (newsformal.com)

 

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