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Apple’s market cap exceeds $3 trillion: stock price breaks all-time record!

  • June 30, 2023
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Like every year, Apple also this year comes with products and services from many different categories. The company broke a new record today with a sharp rise in

Apple’s market cap exceeds  trillion: stock price breaks all-time record!

Like every year, Apple also this year comes with products and services from many different categories. The company broke a new record today with a sharp rise in share prices.

Apple’s market value has surpassed $3 trillion in recent hours. The last time the company reached the 3 trillion mark was in January 2022. Apple remains the most valuable company in the world by making a significant difference to its competitors.

Apple’s share price hits an all-time high

Shares of the US company passed $190.73, crossing the 3 trillion mark. The share price is also at Apple’s all-time high. Reach $192 He also set another record. At the time of writing, Apple stock is trading at $192.56.

Apple remains the world’s most valuable company. The Cupertino-based company has its closest competitor Microsoft ($2.5 trillion market cap) $500 billion difference case. The companies in the top five of the list are as follows;

  1. Apple – $3 trillion
  2. Microsoft – $2.5 trillion
  3. Saudi Aramco – $2.1 trillion
  4. Alphabet (Google) – $1.5 trillion
  5. Amazon – $1.3 trillion

Its market cap exceeds $3 trillion, showing that investors continue to rely on the company’s services and products despite the warnings. The company warned that quarterly sales are expected to fall 3% in May. Let’s add that Apple’s value fell below $2 trillion earlier this year. Since then, shares are up about 53%. Analysts said the rise could continue and Up to $3.8 – $4 trillion thinks he can.

Source: Web Tekno

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