Apple is a $3 trillion company — again
by Richard Lawler from The Verge - All Posts on (#6CM5M)
Illustration: The Verge The world's most valuable company briefly crossed the $3 trillion mark on January 3rd, 2022, and today is the first time its market cap has reached that bar again, as individual AAPL shares showed a price above $192 soon after trading began on Friday.
Its share price maintained that level and eventually closed the day at $193.97, making it the first company to end a day with a market cap of over $3 trillion. Four other US companies are worth more than $1 trillion, led by Microsoft at around $2.5 trillion, along with Alphabet (Google), Amazon, and Nvidia.
Image: Apple Screenshot of Apple's stock price at the end of the day on June 30th, 2023.In May, CEO Tim Cook reported an all-time high for its installed base...