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Home » Apple hits $3 in market cap
Technology

Apple hits $3 in market cap

News DeskBy News Desk7 January 2022No Comments1 Min Read
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Apple has hit a market cap of $3 trillion briefly during trade. It became the first US company to attain this feat.

Good performance

Apple broke the barrier when its share price hit $182.86. Apple has tripled its valuation in under four years. Apple’s services business grew 25.6% year-over-year. It delivered more than $18 billion in revenue during the quarter. Apple’s stock rose 34% in 2021.

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