Apple hits $ 3 trillion in market valuation

Tech Giant Apple Reaches Historic Milestone Four Years After Reaching $ 1,000 Billion Market Cap | Photo: Apple Disclosure

Apple on Monday (3) became the first publicly traded company to reach $ 3 trillion in market valuation, a mark that maintains the iPhone maker as the world’s most valuable company. The milestone was reached after the company’s shares hit a new high of US $ 182.88 in the first trading session of 2022. In 2018 and 2020, respectively, the company had already broken records of 1 Trillion dollars and 2,000 billion dollars in market value. .

For comparison, the company’s current value is 4.5 times the total capitalization of Brazilian companies listed on the country’s stock exchange, which stood at $ 685 billion in November this year. The value is also more than double the size of Brazil’s 2020 gross domestic product (GDP) of BRL 7.5 trillion.

Even greater role played by technology amid the Covid-19 pandemic, due to telecommuting, distance education and entertainment amid social isolation, has driven company shares up by more than 200% since the start of the health crisis. . Another part of the explanation for the growth in the company’s stock research is the possibility of launching, still in 2022, virtual and augmented reality glasses, which would put Apple as a protagonist in the field of the metaverse.

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