Apple's market value has reached $3 trillion
Business
On Friday, Apple's market value exceeded $3 trillion. Securities have risen to the highest in the entire 43-year history of Bigtech. Analysts believe that by 2025, Apple's market value could rise to $4 trillion.
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On Friday, Apple's market value reached $3 trillion. The company's shares rose about 1% to a new high and broke the $190.73 mark needed to reach this milestone.
For the first time, the tech giant reached this milestone in January 2022, after which it closed the session just below this mark. Apple is the only company that has ever reached a market value of $3 trillion.
Apple's stock has soared almost 46% this year. The company's success on the stock market this year is a stark contrast compared to 2022. Earlier this year, the market value of Apple shares fell below the $2 trillion mark for the first time since the beginning of 2021.
A significant valuation of the technology giant's stock price occurred after the company introduced the Apple Vision Pro augmented reality (AR) headset earlier this month, which has long been rumored. The $3,499 headset, which requires users to be permanently connected to an iPhone-sized battery, will go on sale next year.
The analytical company Wedbush is counting on a further increase in Apple's quotes, Business Insider notes. According to analysts, the fair market value of bigtech is $3.5 trillion. At the same time, the optimistic Wedbush scenario suggests that by 2025, the capitalization of the iPhone manufacturer may grow from current levels by another 25% — up to $4 trillion.
For the first time, the tech giant reached this milestone in January 2022, after which it closed the session just below this mark. Apple is the only company that has ever reached a market value of $3 trillion.
Apple's stock has soared almost 46% this year. The company's success on the stock market this year is a stark contrast compared to 2022. Earlier this year, the market value of Apple shares fell below the $2 trillion mark for the first time since the beginning of 2021.
A significant valuation of the technology giant's stock price occurred after the company introduced the Apple Vision Pro augmented reality (AR) headset earlier this month, which has long been rumored. The $3,499 headset, which requires users to be permanently connected to an iPhone-sized battery, will go on sale next year.
The analytical company Wedbush is counting on a further increase in Apple's quotes, Business Insider notes. According to analysts, the fair market value of bigtech is $3.5 trillion. At the same time, the optimistic Wedbush scenario suggests that by 2025, the capitalization of the iPhone manufacturer may grow from current levels by another 25% — up to $4 trillion.
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