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Apple breaks records and reaches $3 trillion market value

  • July 3, 2023
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Last Friday, Apple set a new financial record (30). The company became the first company in the world to close the trading day on the stock exchange at

Last Friday, Apple set a new financial record (30). The company became the first company in the world to close the trading day on the stock exchange at full market value. over $1 trillion.



This is the second time the company has reached this market value – it was also the first in history to reach at least “Trillion Club”. However, in January 2022, the trading day for the company’s shares ended just below that level.

At the time of this article, it still has a capitalization of $3.05 trillion, according to official figures, with the stock up 4.07% over the past five days.

Overall, Apple shares have risen over the past few months. Rise in price by almost 50% since the beginning of 2023. The most important reasons for this increase include growing demand in the important Indian market and anticipation of its next major launch. mixed reality (MR) headset It’s called Vision Pro. The new product will be released in 2024 and will cost $3,500 at launch.



In addition, she was one of the few in the technology sector who did not carry out mass layoffs in recent months, preferring to freeze personnel policy in difficult times. Its results have already led analysts to believe that the company could hit $4 trillion by 2025, even though it has little to do with one of the hottest topics in the segment, artificial intelligence (AI).

history of success

Such a feat makes Apple not only the most valuable in the world and sector independent today, but also leaves behind technological competitors such as Microsoft (worth roughly $2.5 trillion today) and Alphabet/Google (about 1.5 trillion US dollars). Except them, Amazon This NVIDIA they now amount to more than $1 trillion in terms of American technology companies.

Apple was founded in 1976. Steve Jobs This Steve Wozniak, originally focused on the production of computers. It was only with Mac that it achieved worldwide fame and, after decades of upheaval, became the benchmark in the market for products such as the music player. ipodmobile phone iPhone and smart watch apple watch. Taking into account only phone sales, 2.32 billion iPhones have been sold since 2007.

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Source: The Wall Street Journal, Reuters.

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Source: Mundo Conectado

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