Apple is the First Company To Reach 3 Trillion dollars

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Apple has become the first company to reach a market capitalization of 3 trillion dollars, all this as 2022 enters a year that promises to be very strong in terms of new product launches with the potential to catapult sales and revenue numbers. of the Cupertino brand.

This means that at the moment the total value of the shares of the American Tech Giant is at 3 trillion dollars, the milestone having been reached after a 30% rise in the value of its securities on the stock exchange last year.

The technology’s stock price rose to $182.86, just 16 months after the 2 trillion mark passed. We recall that the company led by Tim Cook spent the trillion dollars just three and a half years ago, and that the brand’s revenues rose considerably in the pandemic period, a fact that can be justified by the inherent needs of teleworking.

Apple Saw Market Value Rise 2.7 Trillion Under Tim Cook’s Leadership

Apple products have been in high demand since the beginning of the Covid-19 pandemic, with considerable increases in revenue not only on the hardware side but also on the services side. Tim Cook has always said that Apple would have to focus on services to stay relevant and accelerate growth, and it seems the CEO (who is heavily criticized for his alleged lack of creative vision) was right.

Something that cannot be dissociated from this historic milestone is the transition to processors developed at Apple Park, which proved to be a tremendous success and boosted sales of MacBook Air, MacBook Pro, Mac Mini and iMac computers – in addition to the unexpected iPad Pro with M1.

In 2022, new products are expected, such as a virtual reality headset and new iterations of Apple Silicon capable of leaving even more behind the options of rival brands and cementing Apple as the biggest technology on the planet. Not to mention the iPhone 14, which should follow the trend of the last 2 years and guarantee demand and millionaire revenues for the apple brand.

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