Apple Is About to Make Stock Market History With a Record-Breaking Market Cap
The company could hit its historic market cap as soon as this week.
Apple was the first U.S. publicly-traded company to , and . Now valued at , Apple is about to set another record by being the first company — in the U.S. and the world — to hit a $3 trillion market cap. , this milestone .
“Apple does seem to be more immune to the ebb and flow of economic forces just because of this really strong brand. Its new product pipeline is pretty strong too,” Hargreaves Lansdown analyst Susannah Streeter .
Related: Marketing and Lead Generation Inspiration From Apple, the First Trillion-Dollar Company
There are several reasons why Apple has been growing strong despite Constellation Research founder Ray Wang told Fox Business that the refresh of the Mac with the M1 chip and the release of new products and potential new technology (like its and ) are some of the factors steadily pushing its value to $3 trillion.
Apple . Rival Microsoft is at a relatively close second with a market cap of $2.5 trillion. Google and Amazon are short of a $2 trillion market cap, valued at $1.9 and $1.7 trillion respectively. , but its market cap is now down to $981.7 billion.
Apple was the first U.S. publicly-traded company to , and . Now valued at , Apple is about to set another record by being the first company — in the U.S. and the world — to hit a $3 trillion market cap. , this milestone .
“Apple does seem to be more immune to the ebb and flow of economic forces just because of this really strong brand. Its new product pipeline is pretty strong too,” Hargreaves Lansdown analyst Susannah Streeter .
Related: Marketing and Lead Generation Inspiration From Apple, the First Trillion-Dollar Company
There are several reasons why Apple has been growing strong despite Constellation Research founder Ray Wang told Fox Business that the refresh of the Mac with the M1 chip and the release of new products and potential new technology (like its and ) are some of the factors steadily pushing its value to $3 trillion.
Apple . Rival Microsoft is at a relatively close second with a market cap of $2.5 trillion. Google and Amazon are short of a $2 trillion market cap, valued at $1.9 and $1.7 trillion respectively. , but its market cap is now down to $981.7 billion.
