Apple breaks $3 trillion market cap threshold
source link: https://www.gsmarena.com/apple_breaks_3_trillion_market_value-news-52531.php
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Apple breaks $3 trillion market cap threshold
Apple breached the $3 trillion market cap value for a brief time, before going back just under that figure. The stock price reached as high as $182.94, but is now down just under $180. It would need to close above $182.86 to finish the day at the record market value.
It took Apple around 16 months after it broke $2 trillion in value back August of 2020. Per market cap value, Apple is currently the most valuable company in the world.
Market analysts claim that it would be much harder for Apple to get to $4 trillion market value, than it was to hit $3 trillion. Unless Apple releases a new breakthrough product it may be a few years down the road.
Apple has found huge success during the ongoing Pandemic thanks to unrelenting demand for its iPhone, iPad, Mac, Watch, and Airpod devices.
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