Apple becomes the first company with a market value of $3 trillion

Daily Current Affairs / Apple becomes the first company with a market value of $3 trillion

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Category : Business and economics Published on: January 04 2022

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Apple, the veteran technology company, has made history by becoming the first company to have a market value of $3 trillion.
Apple, which was founded in 1976, passed the $1 trillion mark in August 2018. Apple has to travel 42 years to achieve this feat.
Alphabet Inc, Amazon.com Inc, and Tesla Inc all have market capitalizations that exceed $1 trillion. According to Refinitiv, the Saudi Arabian Oil Company is worth approximately $1.9 trillion.
Shares of Apple have increased 5,800% since January 2007, when co-founder and former CEO Steve Jobs unveiled the first iPhone.