Apple becomes first company to cross $3 Trillion market cap
- Apple’s market Cap crossed $3 trillion.
- Apple becomes the first company to do this.
On Monday, Apple eclipsed $3 trillion in market capitalization, becoming the very first publicly traded company in the world to cross that threshold and just three years after they crossed $1 Trillion market cap in 2018.
Apple’s success is due in large part to the iPhone, which revolutionized the smartphone industry and remains a major hit for the company. Apple continues to see strong momentum in its other businesses as well, with its services and Mac divisions reporting an all-time high in Q4 of 2021.
Apple is followed by Amazon, Microsoft, Tesla, Meta, and Alphabet, all with market caps exceeding $1 trillion.
Recommended by the editors:
Thank you for visiting Apple Scoop! As a dedicated independent news organization, we strive to deliver the latest updates and in-depth journalism on everything Apple. Have insights or thoughts to share? Drop a comment below—our team actively engages with and responds to our community. Return to the home page.Published to Apple Scoop on 4th January, 2022.
No password required
A confirmation request will be delivered to the email address you provide. Once confirmed, your comment will be published. It's as simple as two clicks.
Your email address will not be published publicly. Additionally, we will not send you marketing emails unless you opt-in.