On Monday, Apple became the first company to pass $3 trillion for its total market cap, with shares topping $182.86.
More from Daily Caller:
Apple first reached values of $1 trillion in August 2018 and $2 trillion in Aug 2020, the DCNF reported.
The company benefited in late 2021 from surging demand for its iPhone 13 and subscription services like Apple Music, Apple TV+ and iCloud, the DCNF reported.
Sales surged almost 30% to over $83 billion in the fourth quarter of 2021, according to the company's earnings report.
It's absolutely bonkers to see the expansion of tech companies the past two years during lockdowns and pandemic restrictions. Business is booming.
Behind Apple, Microsoft has a market cap of $2.5 trillion, Google is at $2 trillion, Amazon is at $1.7 trillion, and Tesla is at $1.2 trillion.
That's almost enough to feed the insanely hungry U.S. government for a few months!
It's more than the entire GDP of most nations, though – including the U.K., France, and India – which is a crazy thought.
