How Apple became world's richest firm with $3 trillion market cap
Published on Jan 04, 2022 09:14 PM IST
Apple's uninterrupted rise continues - the first company to hit $3 trillion stock market value. Apple briefly hit a market cap of $3 trillion before ending the day just short of the major milestone. Despite unsteady iPhone sales and supply chain disruptions, Apple has reported several quarters of growth. Investors remain confident about the stock and expect consumers to continue backing Apple products. However, the milestone is mostly symbolic, other tech giants outperformed Apple in 2021.
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