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The world's first! Market capitalization of $3,000 billion! Apple became a "brother" in the global stock market?

The world's first! Market capitalization of $3,000 billion! Apple became a "brother" in the global stock market?

Wang Ye said financial news: At the beginning of the new year of 2022, as investors put new funds into stocks on the first day of regular trading, the US technology giant Apple (Apple) ushered in a new high, becoming the world's first company with a market value of $3,000 billion (the global "stock king"), which also highlighted the momentum of a large technology company in the world for 10 years.

Specific data, on Monday (3 days), Apple's stock price reached $182.88, up 3% from Friday's New York closing price, and finally, the company's market value once exceeded $3 trillion, of course, the final closing price fell to $182.01, and the market value also fell back to $2.986 trillion.

It is worth mentioning that Wang Ye said that Finance and Economics noted that since its inception, Apple has spent 44 years (mid-2018) to build a company with a market value of $2 trillion, and then, since August 2020, the market value has reached $2 trillion, becoming the first American company to exceed the $2 trillion level.

But from a global perspective, Saudi Aramco, the state-owned oil company, is the first global company to reach a market capitalization of $2 trillion.

The world's first! Market capitalization of $3,000 billion! Apple became a "brother" in the global stock market?

In fact, since the beginning of the epidemic in 2020, Apple's stock price has risen more than 2 times.

For now, the club of companies with a global market capitalization of more than $2 trillion includes Apple, Microsoft and Saudi Aramco.

Two other U.S. tech companies are close behind, including Google's parent company Alphabet, which has a market capitalization of nearly $2 trillion, while Amazon's valuation is more than $1.7 trillion.

Of course, there is another company behind this, Tesla, with a market capitalization of more than $1.2 trillion.

There is no doubt that apple's current size will have a significant impact on the overall stock market, because it has a weight of 7% in the S&P 500 index, and as a comparison, 11 years ago, that is, in 2011, Apple's weight in this index was about 3.3%.

Today, Apple is already known as the "most valuable stock" and "global stock king", on the contrary, the former "opponent" of Apple stocks, Microsoft(Microsoft), has now widened the gap with Apple's market value, the former current market value of $2.51 trillion.

The world's first! Market capitalization of $3,000 billion! Apple became a "brother" in the global stock market?

As for Apple's stock price and market capitalization in the future, Wedbush Securities analyst Daniel Ives commented that strong demand for the iPhone 13 is helping Apple, which is estimated to sell more than 40 million units during the holiday shopping season.

While investors are bullish on Apple's ability to roll out popular hardware , the new iPhone — Ives said Apple's services business is worth about $1.5 trillion.

"To be the first company to have a market capitalization of more than a $3 trillion club is a big time for Apple CEO Tim Cook," Ives added finally.

What do you think about that? What do you think will happen to Apple's stock price and market capitalization next?

Note: This article is compiled by Wang Ye said Finance and Economics, if you need to reprint, please pay attention to the account in advance, private chat contact Wang Ye himself, after obtaining authorization, please reprint the original text, shall not be reproduced in any form of graphic and text transformation atlas, video and other forms, infringement will be investigated! In addition, the views in this article are personal views, which are only used for learning and exchange, and do not constitute investment advice! If there are any omissions and errors in the article, welcome to criticize and correct!

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