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Roommates, this is official! ! After months of technical and financial experts paying close attention to when it will happen, Apple It is now the world’s first company with a valuation of 3 trillion US dollars! As you will remember, Apple’s market value broke the $1 trillion threshold for the first time in August 2018, and exceeded $2 trillion in August 2020.
A large-scale outbreak is only a matter of time Technology Company Apple has reached another important milestone-this time involving trillions! It was recently confirmed that, for the first time in history, a company’s value reached 3 trillion US dollars…and this company is Apple. The company officially made history earlier today, when its market value finally exceeded $3 trillion, which also made it the first public company ever to have such a high market value.
After announcing its new market value, Apple’s stock price briefly rose to approximately 3% above normal levels, setting a historical record of US$182.88, exceeding the US$182.85 per share required for its value of US$3 trillion.
In addition, due to increased consumer demand for the company’s products, Apple’s stock price has risen by nearly 35% in 2021. Sales of the new iPhone 13, Apple Music, Apple TV+, iCloud and its popular App Store subscriptions have all increased in the past year to help the tech giant cross its historic financial threshold.
As early as September, sales for the fall quarter of 2021 had soared by nearly 30% to more than $83 billion. In addition, if you don’t know, Apple has a staggering $191 billion in cash.
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