Apple shares hit all-time high as it becomes the world's first $3 trillion company

  • 📰 i newspaper
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 89%

Business News News

Business Business Latest News,Business Business Headlines

Apple has become the world’s first company to be valued at more than $3 trillion 📱 The technology firm first reached the $1 trillion benchmark in 2018, 42 years after its founding. It reached $2 trillion in 2020

has become the world’s first company to be valued at more than $3 trillion as US stock markets closed on Friday, making it the world’s most valuable business.in January 2022 but did not maintain it, dropping back in later trading.

The technology firm first reached the $1 trillion benchmark in 2018, 42 years after its founding. It reached $2 trillion in 2020. Caption: Apple CEO Tim Cook speaks during Apple’s Worldwide Developers Conference where its revealed its first new product for several years. Photo: Josh Edelson / AFP The firm also recently rolled out an update to the MacBook Air, while the iPhone 15 is widely tipped to launch in September.and being forced to get rid of tens of thousands of workers, Apple’s most recent stock market update in May showed that while its revenue and profits fell, its performance was still ahead of expectations, reinforcing its reputation as a safe investment in difficult times.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Belfast Primark fire: Companies fined £80k each for safety breachesBennett Management Contractors and AF Roofing admitted safety breaches over the blaze in 2018.
Source: BBCNews - 🏆 3. / 97 Read more »

AI boom forces tech companies to make M&A choice\n\t\t\tLet our global subject matter experts broaden your perspective with timely insights and opinions you\n\t\t\tcan’t find anywhere else.\n\t\t
Source: FT - 🏆 113. / 51 Read more »