Apple is now the first public company to be valued at $3 trillion - News Summed Up

Apple is now the first public company to be valued at $3 trillion


FILE - An Apple logo adorns the facade of the downtown Brooklyn Apple store on March 14, 2020, in New York. (AP Photo/Kathy Willens, File)FILE - An Apple logo adorns the facade of the downtown Brooklyn Apple store on March 14, 2020, in New York. Apple shares closed up 2.3% at $193.97 Friday, bringing its market value to $3.04 trillion. Although the significance of reaching a $3 trillion market value is largely symbolic, its magnitude is still breathtaking. 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.


Source: ABC News July 01, 2023 06:21 UTC



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