Search
Close this search box.
Search
Close this search box.

Apple Becomes First Company with $3 Trillion Market Valuation

iOS 16.4.1 Rapid Security Response updates

Listen to the Podcast:

According to the most current share count provided by CNBC, Apple’s market value surpassed $3 trillion on Friday as its shares increased by approximately 1% to a new high and passed the $190.73 price necessary to reach the landmark.

In intraday trading in January 2022, Apple became the first firm to reach a $3 trillion market cap, but it was unable to close at that level. On Friday, it will have one more chance to accomplish that.

It demonstrates that investors are still upbeat about the stock and Apple’s line-up of goods and services, despite the company’s May warning that its current quarter revenue was anticipated to decline by approximately 3%.

iOS 16.4.1 Rapid Security Response updates
Photo Credit: Unsplash via desygner.com

Investors regard the company as one of the bright spots in a year of turmoil in the IT industry, with major giants promising to “do more with less” during a “year of efficiency” and letting thousands of staff go.

We firmly believe the exact opposite has occurred, with Cupertino heading into a massive renaissance of growth over the next 12 to 18 months, as Dan Ives of Wedbush wrote in a note on Friday. “The Apple bears and skeptics continue to scratch their heads as many have called for Apple’s “broken growth story” this year in a tougher backdrop,” he added.

With around 25% of Apple’s “golden customer base” not updating their iPhones in more than 4 years, he continued, “In our opinion, the Street has severely underestimated the massive installed base upgrade opportunity around iPhone 14 and now a mini super cycle iPhone 15 ahead.”

Apple stock has increased by nearly 47% so far this year.


Subscribe to Our Newsletter

Related Articles

Top Trending

low maintenance short natural haircuts for black females
5 Low Maintenance Short Natural Haircuts for Black Females
What is Claressa Shields' Boxing Record
What is Claressa Shields' Boxing Record? A Detailed Examination of her Career Stats and Achievements
How Much is Claressa Shields Worth
How Much is Claressa Shields Worth? A Deep Dive into the Boxer's Net Worth and Earnings
andy cohen net worth
Andy Cohen Net Worth: Find Out How He Became a Multi-Millionaire in 2025
Who is Claressa Shields' Mother
Who is Claressa Shields' Mother: The Untold Story of Her Family and Struggles

LIFESTYLE

summer birthday party ideas
Creative Summer Birthday Party Ideas for Kids in 2025
May 6 Zodiac
May 6 Zodiac: Positive Traits, Compatibility and More about Taurus
self storage solutions for life transitions
How Self Storage Can Help During Major Life Changes (Divorce, Moving, etc.)?
why is my poinsettia dying
Why Is My Poinsettia Dying? Tips To Revive Your Wilting Poinsettia Plant
crypto retirement plan strategies
7 Ways Crypto Can Reshape Your Retirement Plan for the Future

Entertainment

andy cohen net worth
Andy Cohen Net Worth: Find Out How He Became a Multi-Millionaire in 2025
rihanna hinted pregnancy before met gala
Rihanna Hinted at Pregnancy Before Met Gala, Says Anna Wintour
Jules Ari
Jules Ari Age, Height, Relationship, Family, Biography, and Net Worth
rocket league unblocked
Rocket League Unblocked: Soccer And Vehicular Mayhem Online Game
smokey robinson sexual assault allegations
Smokey Robinson Faces Sexual Assault Allegations by 4 Women

GAMING

Best Mobile Horror Games
The Best Mobile Horror Games That Will Keep You Up at Night
Evolution of Video Game Graphics
The Evolution of Video Game Graphics: 1980s to 2025
Best Workouts Inspired by Video Games
Level Up Your Fitness: Best Video Game-Inspired Workouts
rocket league unblocked
Rocket League Unblocked: Soccer And Vehicular Mayhem Online Game
Maksym Krippa GSC Game World
S.T.A.L.K.E.R. Reimagined: How Maksym Krippa’s Entry Reshaped GSC Game World in 2023

BUSINESS

Business Behind Game Localization
The Business Behind Game Localization: How It Works
International Employment Agencies
How international employment agencies can help you find talent in hard-to-reach markets?
Transition Your Business to Web3
How to Transition Your Business to Web3 Successfully
How to Calculate Quarterly Tax Payments
How to Calculate Quarterly Tax Payments in 5 Easy Steps
credit suisse tax evasion
Credit Suisse Fined $511M for U.S. Offshore Tax Evasion Scheme

TECHNOLOGY

bill gates accuses elon musk of harming poor children
Bill Gates Blames Elon Musk for Harming World's Poorest Children
interactive videos with AI voice
Guide for Making Interactive Videos with AI Voice
Maksym Krippa GSC Game World
S.T.A.L.K.E.R. Reimagined: How Maksym Krippa’s Entry Reshaped GSC Game World in 2023
Strengthening Cybersecurity with Security Operations
Strengthening Cybersecurity with Security Operations, CWPP, and Product Security
pitch a game idea
How to Pitch a Game Idea to a Developer or Publisher?

HEALTH

Yimusanfendi
7 Incredible Benefits of Yimusanfendi Meditation and Possible Side Effects
Connection Between Hydration and Urinary Health
The Connection Between Hydration and Urinary Health
Neuralink Brain Implant Patient Regains Speech
Neuralink Brain Implant Helps ALS Patient Regain Speech with AI Support
Wegovy for Weight Loss
Wegovy for Weight Loss: Is It Worth Buying Online?
Role of Sperm DNA Fragmentation Testing in IVF
The Role of Sperm DNA Fragmentation Testing in IVF with ICSI Success