Apple Is the First US Company to Reach the $3 Trillion Market Cap

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. While prices soon fell afterward, Apple stock ended the day at $182.01, just shy of the $3 trillion mark.

Although the iPhone continues to bring in large chunks of its revenues, the last quarter of 2021 also saw its other offerings contribute to the 29 percent year-on-year revenue growth, CNBC reported. Over the holiday period, Apple sold a whopping 27 million pairs of its latest AirPods while its services business raked in $18 billion of revenue in the last quarter.

from joining Meta. Apart from that, we might see more home products from the company in the near future until we hear more about their autonomous car before 2025. , Apple's rise from its $2 trillion market cap to the $3 trillion mark was faster than the company's one trillion to two trillion journey. While it reached the one trillion and two trillion milestones in 2018 and 2020 respectively, Apple's stock rose 35 percent only in 2021 to get closest to the three trillion.

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