3, 2022. The iPhone maker also holds the distinction of being the world's first company to reach $1 trillion and $2 trillion. According to analysts, Apple stock still has room to grow in the future.
Apple Inc. on Monday became the first company with a $3 trillion stock market value, lifted by investor confidence that the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality.
It hit a $2 trillion valuation just over two years later on Aug. 19, 2020. Apple hit a market cap of $3 trillion during intraday trading on Monday, tripling its valuation in under four years. Apple broke the barrier when its share price hit $182.86.
Apple became the first publicly traded U.S. company to hit a $1 trillion market cap during intraday trading on Aug.
As PYMNTS reported at the time, the tech giant had become the first publicly traded U.S. company to hit $1 trillion in market cap on Aug. 2, 2018, and went on to hit a $2 trillion valuation on Aug. 19, 2020.
In terms of the numbers, for Synergy, it breaks down this way: $17.67 billion for Amazon, $11.66 billion for Microsoft and $5.3 billion for Google. For Canalys, it's Amazon with $18.45 billion, Microsoft with $11.74 billion and Google with $4.47 billion.
United States Steel Corporation (NYSE:X) was the world's first company to surpass the market capitalization mark of $1 billion dollars.
Apple's market cap fell below $2 trillion in trading Tuesday for the first time since early 2021 and one year to the day after the company became the first public tech company valued at $3 trillion.
$1,000,000,000,000? Elon Musk could become the world's first trillionaire due to SpaceX. Elon Musk could become the world's first trillionaire, according to a prediction made by investment firm Morgan Stanley. However, it won't be from his highly successful electric vehicle company Tesla.
Apple is now worth $3 trillion, roughly 500 days after it first passed the $2 trillion level. Apple became the first ever public company to reach $3 trillion in market value after the stock rallied 3% Monday. The milestone is based on intra-day trading, during which Apple shares briefly crossed the $3 trillion value.
Apple, the computer company that started in a California garage in 1976, is now worth $3 trillion. It became the first publicly traded company to ever reach the figure on Monday, when its stock briefly eclipsed $182.86 a share before closing at $182.01.
Even if the third quarter revenue of Apple is compared with the GDPs of various countries across the world, the company will be ranked 70th. It will be just behind Oman and ahead of Sri Lanka.
This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2022 rankings. American retail corporation Walmart has been the world's largest company by revenue since 2014.
The all-time high Apple stock closing price was 180.73 on January 03, 2022. The Apple 52-week high stock price is 179.61, which is 37.4% above the current share price.
Apple (AAPL) Becomes World's First $3 Trillion Company.
With 600 billion U.S. dollars in revenue, Walmart topped the ranking of the hundred largest companies globally, followed by the Saudi Arabian oil company Aramco. Walmart was also the largest company in the world based on its number of employees, with some 2.3 million all over the world.
Apple's Net Worth is More Than Amazon, Meta and Alphabet Combined- See Net Worth of these 3 Tech Giants. Net Worth of Apple: Apple is now worth more than Alphabet, Amazon, and Meta, combined, after closing trading on Wednesday with a market value of $2.307 trillion.
One trillion equals a thousand billions, or million millions. 1 trillion consists of 1 followed by 12 zeros, that is, 1, 000, 000,000, 000 and can be written as 1012 (ten to the twelfth power). It takes about 32,000 years to finish 1 trillion seconds.
The market being what it is today, there are only three companies valued at more than $1 trillion: Apple, Microsoft, and Alphabet.
A unicorn company, or unicorn startup, is a private company with a valuation over $1 billion. As of October 2022, there are over 1,200 unicorns around the world. Popular former unicorns include Airbnb, Facebook and Google.