Apple, the world’s most valuable company, continues to impress with its financial success. With a market value of 3 trillion dollars, the company saw a huge increase in its shares. Accordingly, Apple shares hit a historical peak and touched $ 200.
Apple market cap is over $3 trillion again
Apple’s share price broke a record as of the other day. Reaching 197.96 dollars as the US stock market closed, the shares enabled investors to see a new high. This means an all-time high for the company.
Apple had previously seen a value of $ 196.45 on July 31. However, on December 13, the share price exceeded this value and reached $ 198. This underlines the company’s dominance in the technology sector.
2023 was a very successful year for Apple in the stock market. According to research data, the tech giant increased its overall market capitalization by $1 trillion during the year. It should be recalled that among the companies listed in the US, only Microsoft gained $1 trillion.
Apple now has a total market capitalization of over $3 trillion. The company, which hovered around $2.9 trillion until December, passed this milestone again as the year ended. In this way, it is the most valuable brand in the world.
Apple is one of five publicly traded companies worth over $1 trillion, along with Microsoft, Alphabet, Amazon and Nvidia. It should also be reminded that Microsoft ranks second with $2.81 trillion. Analysts think that Apple could reach a value of $4 trillion in 2024.
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