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Apple is now the first publicly traded company valued at $3 trillion

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Apple is now the first publicly traded company to close a trading day with a $3 trillion market value, marking another milestone for a technology juggernaut that has reshaped society with a line-up of products that churn out eye-popping profits.

Apple launched its mixed-reality headset, the Apple Vision Pro, at its worldwide developer's conference today. It will be used for communication, video, wellness activities, and gaming. It will be available early next year and cost $3,499.

An Apple store in New York, US, on Friday, June 30, 2023. The blowout rally in tech megacaps gained further traction on Friday, with the Nasdaq 100 poised to notch a record first-half of a year and Apple Inc. hitting the $3 trillion milestone. Photog Microsoft is the second-most valuable public company at $2.5 trillion. Oil giant Saudi Aramco has a market value of $2.08 trillion. Alphabet, the parent of Google, Amazon and Nvidia have market values above $1 trillion.It took Apple less than two years to close with a $3 trillion market value after topping $2 trillion for the first time in August 2021, which occurred about two years after the Cupertino, California, company reached $1 trillion for the first time.

 

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Apple Is Now Worth More Than $3 Trillion, First Company to Hit Market Cap MilestoneApple, already the most valuable company on the planet, on Friday saw its market capitalization climb past $3 trillion as the tech colossus reached a historic milestone. The iPhone maker’s sh…
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