Shares of Apple (AAPL) rose nearly 3% to a new high of $ 182.88, beating the $ 182.85 per share needed to reach $ 3 trillion. Shares later returned from this level. The market value of apples first exceeded $ 1 trillion in August 2018 and in August 2020 exceeded $ 2 trillion. These 5 stocks are driven by the market
These 5 stocks are driven by the market
Apple shares rose nearly 35% by 2021. The company has benefited from growing demand for the new iPhone 13 and other older models, as well as prepaid services such as Apple Music, Apple TV, iCloud and their favorite App Store. Sales jumped nearly 30% to more than $ 83 billion in Apple’s fall, which ended in September.
The company also has an incredible $ 191 billion in cash. But soon Apple could have a $ 3 trillion club company.
Microsoft (MSFT) is currently valued at approximately $ 2.5 trillion and the owner of Google Alphabets (GOOGL) has a market value of almost $ 2 trillion.
Still giants, however, are Amazon (AMZN) with a market capitalization of $ 1.7 trillion and Tesla (TSLA) Elon Muska worth about $ 1.2 trillion.