Apple’s journey with the world’s tech giants
Apple’s journey with the world’s tech giants
Apple’s journey to become a three trillion dollar company has been a lot of fun behind the world’s tech giants
Abstract
Apple becomes the first company with 3 trillion Mcap: Apple, the maker of iPhones, has created a new history. In fact, Apple became the first company to have a market valuation of $3 trillion. With its stock soaring on Monday, the company has a market capitalization of $3 trillion. Apple’s journey to get to this point has been a lot of fun.
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Apple, the tech giant that makes the iPhone, has created a new history. In fact, Apple became the first company to have a market valuation of $3 trillion. With its stock soaring on Monday, the company has a market capitalization of $3 trillion. The company’s journey to get to this point has been very interesting and has recorded rapid growth of another trillion.
travel like this
If we look at Apple’s journey to get to this point, Apple, which started in 1976, touched the $1 trillion magic figure in August 2018. It had to come a long way of 42 years to achieve this feat. Meanwhile, it took nearly two years for it to reach more than $2 trillion from a market valuation of $1 trillion. While it touched the three trillion dollar mark very quickly. According to one report, it only took the company 16 months and 15 days to reach a market value of Rs 3 trillion.
Before the big companies
After achieving this record, Apple’s market valuation could have gone much higher than Walmart, Disney, Netflix, Nike, Exxon Mobil, Coca-Cola, Comcast, Morgan Stanley, McDonald’s, AT&T, Goldman Sachs, Boeing and IBM and Ford. . It’s worth noting that with its stock soaring in the past, Apple needed a little edge to reach this magic number that the company achieved on Monday.
India and UK value more than GDP
Apple outperformed India and the United Kingdom to achieve this feat. In fact, having become a 3 trillion company, its value exceeded the nominal GDP of India and Britain, and it is worth noting that the size of the nominal GDP of America is $20.49 trillion. In this list, China ranks second ($13.4 trillion), Japan ranks third ($4.97 trillion) and Germany ranks fourth ($4.00 trillion). Britain ranks fifth with $2.83 trillion, France is sixth with $2.78 trillion, and India is seventh with $2.72 trillion. In this way, Apple became the fifth largest economy in the world by this market capitalization.