IT NewsTECHNOLOGY

Apple now has a market capitalization of $3,000 billion.

(Reuters) – NEW YORK (Reuters) – On the first business day after the holidays, Apple became the world’s first trillion-dollar business, making it a historic day not only for Apple but also for the US stock exchange.

After the New York Stock Exchange bell rung, Apple Corp’s stock rocketed to new highs. Apple’s assets increased to $3 trillion as the company’s stock price increased. It’s enough to remark that the UK economy is valued at $8.8 trillion.

The company’s recent announcement of virtual reality headsets and virtual reality glasses is one of the causes of the stock’s surge on the stock exchange. According to several patents, Apple has started working on reverse charging technologies for screen displays. As a result, it will be able to charge the Apple Watch and AirPods by placing them on the iPad’s screen.

Apple previously reached one trillion dollars in August 2018, two trillion dollars in 2020, and three trillion dollars now.However, the company’s true turning point came in 2007, when Apple CEO Steve Jobs unveiled the first iPhone, and one billion iPhones were sold globally in 2016, establishing the company’s global renown.

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