Monday, January 03, 2022

Apple Becomes First Company to Hit $3 Trillion Market Value

THE NEW YORK TIMES: The iPhone maker’s value tripled since 2018 as its sales continued to soar and it spent hundreds of billions of dollars on its own stock.

Combine Walmart, Disney, Netflix, Nike, Exxon Mobil, Coca-Cola, Comcast, Morgan Stanley, McDonald’s, AT&T, Goldman Sachs, Boeing, IBM and Ford.

Apple is still worth more.

Apple, the computer company that started in a California garage in 1976, is now worth $3 trillion. It became the first publicly traded company to ever reach the figure on Monday, when its stock briefly eclipsed $182.86 a sharebefore closing at $182.01.

Apple’s value is even more remarkable considering how rapid its recent ascent has been. In August 2018, Apple became the first American company ever to be worth $1 trillion, an achievement that took 42 years. It surged past $2 trillion two years later. Its next trillion took just 16 months and 15 days. » | Jack Nicas | Monday, January 3, 2022

Knackt Apple auch bald die 4 Billionen Dollar?: Mit iPhones und anderen Produkten hat der amerikanische Elektronikkonzern innerhalb weniger Jahre seinen Börsenwert auf nun 3 Billionen Dollar vervielfacht. Doch erste Analysten warnen vor einem Ende des langen Laufs. »