New Delhi: Apple Inc, on Monday, became the first company in the world to hit a $3 trillion market valuation. On the first trading day of 2022, the shares of the tech giant hit a record high of $182.88, paving the way for the company to reach a milestone that no other company has yet achieved. According to a report by Reuters, investors believe that the company will keep launching top-quality products and explore new markets like virtual reality.Also Read – Patna Girl Bags Job At Google With Whopping Salary Of ₹1.10 Crore Per Annum
The report further said that Microsoft and Apple shared the $2 trillion market value club but Microsoft is still at $2.5 trillion and Apple has crossed the $3 trillion mark. Google’s parent company, Alphabet Inc, along with Amazon and Tesla have a market valuation of more than $1 trillion. Also Read – Share Market LIVE News: SGX Signals A Flat Start For Indian Share Market, Pre-market Trade Shows A Green Start
Apple Tripled Its Value In Four Years
The achievement is significantly important because the company hit the $1 trillion mark barely four years ago, in 2018. Within less than 4 years, the company has tripled its market value. According to a report by CBS News, the company hit the $2 trillion mark in August 2020. Also Read – Facebook To Instagram: List Of Most Popular And Most Downloaded Apps Of 2021 | Checkout Video
The growth has been credited to Tim Cook’s vision for the company. He believed, according to the…
