The American hardware and software developer Apple has increased its market capitalization by another trillion dollars in just one and a half years. A historic record was set on Monday.

Apple is the most valuable company in the world.

Apple is the first company to crack the stock market value of 3 trillion dollars

Apple CEO Tim Cook can look forward to another record.

 Apple is the first company to crack the market value of 3 trillion dollars

The iPhone manufacturer is the first company to have a market value of Reached three trillion dollars.

That's what

  • Apple is cementing its status as the most valuable company in the world.

  • The Apple papers rose on Monday at times by about three percent to $ 182.88.

  • This makes Apple the first company to achieve a market value of three trillion dollars.

As the first company in the world, the iPhone manufacturer Apple reached a market value of three trillion dollars on Monday. The papers rose at times by about three percent to $ 182.88. It didn't even take a year and a half for market capitalization to jump another trillion. Apple took the first trillion mark in August 2018.

In 2021 the price increased by almost 34 percent. This made the stocks of the most valuable publicly traded company the eighth best value in the Dow Jones. At the end of 2021, Apple's market value was finally $ 2.91 trillion. The Californian group was thus well ahead of Microsoft at the end of the year, after the software provider had left Apple behind in the meantime.

Patient investors make high profits

A look at the medium and long-term development shows how sustainable the success of Apple shares, which have been listed on the stock exchange since 1980, is. In the past five years, shareholders who have held the shares since then have increased their investment more than sixfold.

Since the beginning of 2002, the price increase has been around 43,000 percent. So whoever invested $ 1,000 in Apple 20 years ago is worth around $ 430,000 today. The increase since the IPO has been even more pronounced. Anyone who started with $ 1,000 at the time and has not sold since then has Apple shares for more than $ 1.8 million in their depot today.

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By Teresa Tapmleton

Teresa Tampleton has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Nizh TEkegram, Teresa Tampleton worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my teresa@ntelegram.com 1-800-268-7341

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