LAST UPDATE 23:25
Apple Inc. today became the first company in the world whose market value reached 3 trillion. dollars as reported by Reuters.
In particular, the company’s share climbed earlier to $ 182.88, setting a new record in the first meeting of 2022 and leading the company above the level of 3 trillion. USD
Apple Corps ended the day with a 2.5% gain at $ 182.01, falling below a certain level. The American giant, however, managed to reach $ 3 trillion. just 16 months after its achievement to become the first company in the world with a value of $ 2 trillion.
For the last fiscal year ended September 25, Apple announced a 33% increase in revenue to $ 365.8 billion. spend money on upgrades and services. At the same time the company is preparing for its entry into future markets such as self-driving vehicles and augmented reality.
In December, analysts at JP Morgan and BofA Global Research revised upwards the target price for the company’s share to a high of $ 210, which puts the company’s capitalization at $ 3.45 trillion.
Since the iPhone was first unveiled in January 2007 by company founder Steve Jobs, Apple shares have climbed about 5,800%, well above the S&P 500 by about 230% over the same period.
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Source From: Capital
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