News > Global tech major Apple’s market cap swells past $3 trillion, valuation up 5,800 since launch in 2007

Global tech major Apple’s market cap swells past $3 trillion, valuation up 5,800 since launch in 2007

Tech Observer | 04/01/2022 04:44 PM | Click to read full article

Ditching all estimates, global technology major Apple has become the first publicly-traded company with a stock market value of over $3 trillion. On the first day of trading in 2022, the company’s shares rose to $182.88 in mid-day trading, a new record.

Experts believe that this is the latest milestone in Silicon Valley and the heavyweight’s spectacular stock surge since introducing the iPhone in 2007.