Apple becomes world’s first company to hit $3 trillion market value
- The stock market value of Apple Inc. hit $3 trillion (£2.2tn) briefly on January 03, 2022, becoming the world’s first company to do so.
- The market cap of Apple hit $182.86 per share, which made it the world’s first company to touch $3 trillion mark. However shortly after hitting the mark, the share value dipped below it and did not rise again until the market closed.
- The iPhone maker passed $2 trillion (£1.4tn) in 2020 and over $1 trillion (£740,000m) in 2018.
Source: India Today
Points to Remember:
- Which company has become the world’s first to cross $3 trillion market cap?