Apple is a $3 trillion company — again
The world’s most valuable company briefly crossed the $3 trillion mark on January 3rd, 2022, and today is the first time its market cap has reached that bar again, as individual AAPL shares showed a price above $192 soon after trading began on Friday.
Its share price maintained that level and eventually closed the day at $193.97, making it the first company to end a day with a market cap of over $3 trillion. Four other US companies are worth more than $1 trillion, led by Microsoft at around $2.5 trillion, along with Alphabet (Google), Amazon, and Nvidia.
Image: Apple
In May, CEO Tim Cook reported an all-time high for its installed base…
By: Richard Lawler
Title: Apple is a $3 trillion company — again
Sourced From: www.theverge.com/2023/6/30/23779783/apple-3-trillion-market-cap-iphone-mac-vision-pro
Published Date: Fri, 30 Jun 2023 22:12:15 +0000
Richard Lawler
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