Apple Becomes First Company to Hit $3 Trillion Market Value
Technology giant Apple Corps is the first company to cross the 3 trillion mark. Shares of the company increase 3 percent on Monday. As a result, the company has officially reached that market price. Each share sold for 162.7. This was reported by Al Jazeera online. With this, Apple has surpassed the GDP of six of the top 10 companies in the world, including Britain, India, France, Italy, Canada and South Korea.
Apple's value has continued to rise in recent years. In August 2016, they surpassed the first one trillion dollar market value in the United States.
In just two years, their market value surpassed 2 trillion by August 2020. Demand for this specialty has grown significantly as a result of the Corona epidemic. Immediately the share price. As a result, in just 18 months, Apple has created a market value of 3 trillion. In 2006, Apple co-founder and CEO Steve Jobs released the first iPhone.
Since then, the company's share price in Silicon Valley has risen 5,600 percent. On the other hand, in 2021, the share price of Microsoft and Tesla has increased by about 50 percent. Alphabet's share price has risen 75 percent. Chipmaker Nvidia's share price has risen 125 percent. Apple's share price, on the other hand, rose 34 percent in 2021.
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