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

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 67%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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

Image:

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

 

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:

 /  🏆 35. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines