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Building a car is a "piece of cake"? Apple became the first company with a market capitalization of more than $3 trillion

Entering 2022, Apple's market value has once again ushered in a historic breakthrough. The author learned from relevant sources that Apple's stock price soared to $182.88 on the first trading day of this year, and the company's market value exceeded $3 trillion, and it also became the first company in the history of the US stock market to break through the $3 trillion mark. However, as of the close, Apple's market value has fallen back to $298.6 million, but it is still the world's highest market capitalization company.

Building a car is a "piece of cake"? Apple became the first company with a market capitalization of more than $3 trillion

What is the concept of three trillion dollars? According to the 2020 global economy data ranking, Apple, which has a market value of more than three trillion US dollars, has surpassed the United Kingdom to enter the ranks of the world's fifth largest economy, and Germany, which ranks fourth, has a GDP of 3.8 trillion US dollars in 2020.

In addition to being the first company to break the $3 trillion mark, Apple also retains the title of the first company with a market capitalization of more than $3 trillion. In August 2018, its market value exceeded $1 trillion, and on August 19, 2020, it successfully exceeded the $2 trillion mark, showing that the market value of the technology company quadrupled in less than two years.

Building a car is a "piece of cake"? Apple became the first company with a market capitalization of more than $3 trillion

It is worth mentioning that according to the analysis of authoritative sources, Apple's market value will still show an upward momentum in a short period of time, and it is expected that the stock price can rise to $200. The reason for the optimism is undoubtedly that Apple has achieved good results in many business units, among which consumer demand for new iPhones exceeds supply, and shipments of wearable devices such as AirPods are also better than market expectations; in addition, service businesses such as music and video have also brought large revenue and significant growth rates. More critically, Apple also has huge amounts of cash in hand, which have become its "moat" and booster of market value growth.

In addition, Apple's car manufacturing is already an open secret of the industry. Judging from the development of new car-making forces in recent years, funds are the biggest "roadblock" that hinders cross-border car manufacturing, and Li Bin, founder of Weilai, once said that the threshold for car-making is 20 billion yuan. Lei Jun and Xiaomi have prepared 100 billion yuan in order to build cars. With apple's current market value and cash flow, car manufacturing will obviously not be limited by funds.

Building a car is a "piece of cake"? Apple became the first company with a market capitalization of more than $3 trillion

According to previous media reports, Apple Cars may come out in September 2022, and dozens of prototypes have secretly opened road trials in California. In addition, there is news that Apple will launch a fully autonomous vehicle without a steering wheel and pedals in 2025, which is also in line with the development direction of the three major companies revealed by Cook, "AI artificial intelligence", "AR augmented reality" and "automation". At present, Apple has obtained a number of patents in suspension systems, premium windows, rotating seats and so on.

Building a car is a "piece of cake"? Apple became the first company with a market capitalization of more than $3 trillion

However, Apple's car construction is obviously not all smooth sailing, and the situation of key personnel being poached will appear from time to time, just last month, including the chief engineer of the radar system, the engineering manager of the battery system department and the hardware engineering manager, three key positions of the technical staff left the company.

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