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Apple Is About To Become the World's First $3 Trillion Company

Tuesday December 14, 2021. 01:02 AM , from Slashdot/Apple
An anonymous reader quotes a report from CNN: Apple is on the verge of yet another major milestone. The iPhone maker is close to topping a market value of more than $3 trillion -- the first publicly traded company ever to be worth that much. Shares of Apple were up about 1% in premarket trading Monday to around $181.75. The stock needs to hit $182.85 for Apple to surpass the $3 trillion mark. Apple's market value first crossed the $1 trillion threshold in August 2018 and passed $2 trillion in August 2020. But before long, Apple may have some company in the $3 trillion club. Microsoft is now worth about $2.6 trillion and Google owner Alphabet's market value is right around $2 trillion. Still giant but further behind are Amazon, which has a market cap of $1.7 trillion, and Elon Musk's Tesla, worth $1 trillion.

Read more of this story at Slashdot.
https://apple.slashdot.org/story/21/12/13/2147222/apple-is-about-to-become-the-worlds-first-3-trilli...

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