Apple becomes the first US company to reach a value of 3 trillion USD


Apple briefly reached a market capitalization of up to $ 3 trillion in trading on Monday, January 3, with the share price touching $ 182.01 per share. Before Apple, no US company had reached this record market capitalization.

Soon after that, the company’s capitalization fell to 182.01 USD/share and closed the session with a total value of 2.99 trillion USD. However, this flash increase has continued to show investors’ confidence in Apple, and further cemented its position as one of the world’s most impressive growth businesses. Apple’s market capitalization first hit the $1 billion mark in 2018, and has tripled in a row in less than four years. Especially according to analysts, there is still a lot of room for growth. This is something that any big name company can do. Microsoft also grew at a similar rate, but by the end of the fourth quarter of 2021, the value of the Redmond company “only” reached $ 2.5 trillion, which is still quite far behind Apple.

According to analysis by The Guardian, Apple alone is now worth more than the cumulative capitalization of a series of giant corporations including Boeing, Coca-Cola, Disney, Exxon-Mobil, McDonald’s, Netflix and Walmart. In October 2021, the Cupertino company reported a quarterly profit of $20.6 billion, growing in all product groups despite a series of supply chain problems unfolding around the world. . This figure corresponds to an increase of 29% over the same period last year. Such reports have contributed to significantly increasing investor confidence, and are the main factor driving Apple’s stock price to continue to maintain a steady increase.

Thanks to impressive business results and clean cash flow, Apple is currently considered a “good land” for investors in the face of market turmoil in the past 2 years due to the impact of the pandemic. In addition, with abundant cash flow, Apple also easily invests in developing new products, buying back shares, and paying dividends to shareholders.

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