Apple Becomes First Company to Hit $3 Trillion Market Value

Apple Becomes First Company to Hit $3 Trillion Market Value
A woman walks past an Apple logo in front of an Apple store in Saint-Herblain near Nantes, France, on Sept. 16, 2021. Stephane Mahe/Reuters
Reuters
Updated:

Apple Inc. on Monday became the first company in the world to hit $3 trillion in market capitalization, thanks to investor confidence that the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and metaverse.

On the first day of trading in 2022, the company’s shares rose to $182.88 in mid-day trading, a new record.