Apple’s Market Cap Exceeds $3 Trillion Again

As every year, Apple continues to come up with products and services from many different categories this year as well. The company broke a new record with a significant increase in share prices today.

Apple’s market value has managed to exceed $ 3 trillion in the past hours. The last time the company reached the 3 trillion threshold was in January 2022. Apple continues to be the most valuable company in the world by making a significant difference to its competitors.

Apple share price hits all-time high

Shares of the US company exceeded $190.73 and passed the 3 trillion mark. Also, the share price is at Apple’s all-time high. Reaching $192 He also set another record. As of this 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 dollars 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

The market cap exceeds $3 trillion, demonstrating that despite the warnings, investors continue to trust the company’s services and products. The company warned that quarterly revenue is expected to fall by 3% in May. Let’s add that Apple’s value dropped below 2 trillion earlier this year. Shares have increased by around 53% since then. Analysts said the increase could continue and Up to $3.8 – $4 trillion thinks he can.