Wednesday, January 19, 2022

Apple creates new history, becomes the first company with a market value of 3 trillion dollars

Story Highlights

  • The company was started in California in 1976
  • Had a Trillion Dollar Market Value in 2018

Veteran tech company Apple has created history. The company had a market value of $3 trillion on Monday. Apple’s market value is much higher than Walmart, Disney, Netflix, Nike, Exxon Mobil, Coca-Cola, Comcast, Morgan Stanley, McDonald’s, AT&T, Goldman Sachs, Boeing, IBM and Ford.

According to The New York Times, Apple, which started in 1976, touched the magic figure of one trillion dollars in August 2018. He had to come a long way of 42 years to achieve this feat.

With this, the company’s value exceeded $ 2 trillion after two years. Whereas it took only 16 months and 15 days for the company to have the next trillion i.e. three trillion market value.

Let us tell you that Apple has become the first company to reach this figure which is publicly traded. However, according to market data, another tech giant Microsoft may join Apple’s $3 trillion club early this year.


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