• This forum is for posting news stories or links from rumor sites. When you start a thread, please include a link to the site you're referencing.

    THIS IS NOT A FORUM TO ASK "WHAT IF?" TYPE QUESTIONS.

    THIS IS NOT A FORUM FOR ASKING QUESTIONS ABOUT HOW TO USE YOUR MAC OR SOFTWARE.

    This is a NEWS and RUMORS forum as the name implies. If your thread is neither of those things, then please find the appropriate forum to ask your question.

    If you don't have a link to a news story, do not post the thread here.

    If you don't follow these rules, then your post may be deleted.

Apple becomes first $3 trillion company after boost from pandemic demand

Joined
Mar 30, 2005
Messages
9,573
Reaction score
25
Points
48
Apple becomes first $3 trillion company after boost from pandemic demand

Enlarge (credit: Anadolu Agency | Financial Times)

Apple has become the first company to hit a market capitalization of $3 trillion, after its value rose by $1 trillion in less than 16 months as the coronavirus pandemic turbocharged Big Tech.

The iPhone maker became a $1 trillion company in August 2018 and two years later became the first company to be valued at $2 trillion. On Monday, shares in the company rose by 3 percent to $182.86, taking it past the latest milestone, before easing back to trade at $182.

Apple briefly lost its title as the world’s most valuable company to Microsoft at the end of October. However, a strong rally in November restored its crown. It then surged higher into the end of 2021 and has added half a trillion dollars to its market value since November 15.

Read 22 remaining paragraphs | Comments

Click here to view the article...
 

Shop Amazon


Shop for your Apple, Mac, iPhone and other computer products on Amazon.
We are a participant in the Amazon Services LLC Associates Program, an affiliate program designed to provide a means for us to earn fees by linking to Amazon and affiliated sites.
Top