Apple is the first firm in the world to reach $3 Trillion market cap
London, Monday, 3 January 2022 -
Apple has achieved yet another significant milestone. The iPhone maker became the first publicly traded firm to reach a market value of $3 trillion on Monday.
Apple shares rose roughly 3% to a new all-time high of $182.88, surpassing the $182.85 per share required to value the company at $3 trillion.
Later, the stock retreated from that level.
In August 2018, Apple's market worth surpassed $1 trillion, and in August 2020, it surpassed $2 trillion.
(Reporting by: The Decision Maker – Banking & Finance editors)