Apple hits $3trn market value

Apple hits $3trn market value

US-based multinational technology company Apple yesterday closed trading with a $3 trillion market value.

According to CBS, Apple has become the first to achieve that feat in recent time.

The 47-year-old tech firm’s shares closed up 2.3 per cent at $193.97, pushing its total market value to $3.04 trillion.

In 2022, Apple achieved a similar feat but could not hold on to it at the close of the market.

The boom is coming on the heels of Vision Pro’s introduction, which thrusts users into artificial settings known as virtual reality.

With the development, Apple, with other tech companies including Microsoft, and Chipmaker Nvidia, helped drive the S&P 500 to achieve a nearly 16 per cent gain in the first quarter of 2023.

Idowu Babalola Photo
Idowu Babalola

Socially Not Social. IG & Twitter - @Idbragga

All author posts
Related Posts
Wizkid Makes List Of Highest Paid Artistes In The World
Wizkid Makes List Of Highest Paid Artistes In...

Nigerian music star, Wizkid continues to prove he is indeed a Starboy as he has reportedly joined the list...

Afronation Officially Postpones Portugal 2020 With Good News!
Afronation Officially Postpones Portugal 2020...

Following the global coronavirus pandemic, Afronation has officially released a statement, postponing the 2020 Portugal leg of their annual...

Cristiano Ronaldo banned by Saudi FA
Cristiano Ronaldo banned by Saudi FA

The Saudi Arabian Football Federation (SAFF) has banned Cristiano Ronaldo for one match and fined him 30,000 Saudi Riyals...

Write A Comments