As the world's largest company by market capitalization, Apple's market value in the United States was one step away from $3 trillion at the close of the market value on the 13th.
Apple shares fell 2.07 percent on the day to close at $175.74 a share.
Apple shares are up about 11 percent last week and more than 30 percent so far this year, according to data provided by Reuters. Investors expect consumers to continue to spend a lot of dollars buying up Apple's hardware and services.
Apple's market capitalization climbed from $2 trillion to nearly $3 trillion, taking about 16 months. Compared with this rate, it took two years for Apple's market value to increase from 1 trillion to 2 trillion.
According to Reuters, the stock prices of tech giants such as Apple, Amazon and Alphabet have risen sharply, benefiting from the increased dependence of individuals and businesses on technology during the COVID-19 pandemic.
Brian Frank, portfolio manager at Frank Capital, said: "Apple stock seems to count in every possible positive. ”
Daniel Morgan, senior portfolio manager at Sinous Financial, said that in addition to expectations for the continued growth of Apple's existing main business, consumers are also looking forward to the launch of Apple cars.
In addition, investors expect Apple's client and TV businesses to grow rapidly. Hardware such as smartphones accounts for 65% of Apple's total revenue.
If Apple's market capitalization exceeds $3 trillion, it will give Apple CEO Tim Cook another credit, of course, a solid foundation for Steve Jobs. Steve Jobs will probably be missed for hundreds of years.
Edward Moya, an analyst at Oanda, said: "Cook has done a great job over the past 10 years, raising Apple's stock price by more than 1400%. (The predecessors planted trees, and the posterity cooled down)
If Apple's market capitalization exceeds $3 trillion, Microsoft will become the only company in the $2 trillion "club." Alphabet, Amazon and Tesla all have a market capitalization of more than $1 trillion.
Apple's Nasdaq 100 is up nearly 26 percent so far this year. The S&P 500 stock index rose about 24 percent over the same period.
According to Reuters analysis, technologies such as 5G, augmented or virtual reality, and artificial intelligence will help these companies retain the favor of investors.
Apple's success lies in the product process leading the industry, leading technology to give users a higher experience, the company's soft and hardware integration, closed-loop operation, Apple's operating level is extremely high.
1. Apple's material technology is ahead of the times step by step, and has set off three major trends of plastic, metal and glass, and the glass + stainless steel design used in iPhone 8 will continue to lead the future trend of mobile phone appearance.
2. Apple's products can often be the leaders of the times. In 1983, the Mac with mouse and graphical interface ushered in the era of the desktop personal computer, and in 2007, the iPhone with multi-touch and iOS was launched, ushering in the mobile Internet generation.
3. In terms of Apple's hardware, Apple has established a hardware matrix with the iPhone as the core, and various other hardware products include Watch, iPad, Mac, Beats, etc. to meet social, entertainment, work and other functions. In terms of software, Apple's IOS system is closed-loop operation, and installing software on Apple's mobile phone for consumption must allow Apple to take a cut.
4. Apple's strong supply chain system. Apple has created the world's most efficient supply chain through a reasonable global division of labor, streamlined product lines, extremely low inventory, ultra-high turnover rates and huge cash flow. The current CEO of the competition company is even more of a master of this.