Apple becomes first public company to be valued at $3trn

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Apple has entered the history books as the first public company to be valued at $3trn

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People walk past the barricade of India's first Apple retail store in Mumbai ahead of its launch earlier this year. The 47-year-old technology juggernaut, co-founded by Silicon Valley legend, the late Steve Jobs in 1966, officially closed up 2.3% at $193.97 per share at the end of trading on Friday.briefly surpassed a $3trn market value on consecutive days in January 2022. However, it could not maintain that figure by the time the markets had closed.dipping briefly below $2trn earlier this year,

amid a slowdown in growth compounded by investor jitters over rising interest rates, impacting the entire tech sector. Apple only approached the $3trn mark again earlier this month, when the company unveiled what it hopes will be its next big product - the

 

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