Apple Briefly Becomes World's First $3 Trillion Company

Apple briefly became the world's first $3 trillion company today based on market capitalization, which is the total value of all of the company's outstanding shares. The milestone came after Apple's stock price rose over 40% in the last year.

apple logo cash feature
The impressive feat, which Apple achieved when its stock price reached the $182.86 mark during intraday trading, came just over 16 months after Apple became a $2 trillion company and less than three and a half years after Apple reached the $1 trillion mark.

Update: Apple's market cap was slightly below the $3 trillion mark again as of the stock market closing at 4:30 p.m. Eastern Time.

Apple has reported strong earnings results since the start of the pandemic, as its products and services have been in high demand as more people work, learn, and connect with others from home. The company's revenue is forecasted to top $118 billion in the current quarter, surpassing its all-time quarterly record of $111.4 billion set a year ago.

In a memo shared with staff when Apple hit the $1 trillion mark in 2018, Apple CEO Tim Cook said the achievement was "not the most important measure of our success," adding that "financial returns are simply the result of Apple's innovation, putting our products and customers first, and always staying true to our values."

"Hitting $3 trillion is another historical moment for Apple as the company continues to prove the doubters wrong with the renaissance of growth story playing out in Cupertino," said analyst Dan Ives of Wedbush, which has a $200 price target for AAPL.

Apple will look to build upon its success in 2022, with a wide range of products rumored to launch, including at least five new Macs, a redesigned iPad Pro with support for wireless charging, a rugged version of the Apple Watch, second-generation AirPods Pro, an AR/VR headset focused on gaming, content consumption, and communications, and more.

Tag: AAPL

Popular Stories

AirPods Pro 3 Mock Feature

AirPods Pro 3 Just Months Away – Here's What We Know

Friday April 18, 2025 5:16 am PDT by
Despite being more than two years old, Apple's AirPods Pro 2 still dominate the premium wireless‑earbud space, thanks to a potent mix of top‑tier audio, class‑leading noise cancellation, and Apple's habit of delivering major new features through software updates. With AirPods Pro 3 widely expected to arrive in 2025, prospective buyers now face a familiar dilemma: snap up the proven...
iphone 17 air dummy unbox therapy

iPhone 17 Air's Extreme Thinness Demoed in New Video

Tuesday April 22, 2025 10:22 am PDT by
Apple plans to release an all-new super thin iPhone this year, debuting it alongside the iPhone 17, iPhone 17 Pro, and iPhone 17 Pro Max. We've seen pictures of dummy models, cases, and renders with the design, but Lewis Hilsenteger of Unbox Therapy today showed off newer dummy models that give us a better idea of just how thin the "iPhone 17 Air" will be. The iPhone 17 Air is expected to be ...
ipad air windows 11 arm

M2 iPad Air Runs Windows 11 ARM via Emulation, Thanks to EU Rules

Tuesday April 22, 2025 5:01 am PDT by
A developer has demonstrated Windows 11 ARM running on an M2 iPad Air using emulation, which has become much easier since the EU's Digital Markets Act (DMA) regulations came into effect. As spotted by Windows Latest, NTDev shared an instance of the emulation on social media and posted a video on YouTube (embedded below) demonstrating it in action. The achievement relies on new EU regulatory...
iphone 16 pro models 1

17 Reasons to Wait for the iPhone 17

Thursday April 17, 2025 4:12 am PDT by
Apple's iPhone development roadmap runs several years into the future and the company is continually working with suppliers on several successive iPhone models simultaneously, which is why we often get rumored features months ahead of launch. The iPhone 17 series is no different, and we already have a good idea of what to expect from Apple's 2025 smartphone lineup. If you skipped the iPhone...
iOS 18

iOS 18.5 Includes Only a Few Changes So Far

Monday April 21, 2025 11:00 am PDT by
Apple seeded the third beta of iOS 18.5 to developers today, and so far the software update includes only a few minor changes. The changes are in the Mail and Settings apps. In the Mail app, you can now easily turn off contact photos directly within the app, by tapping on the circle with three dots in the top-right corner. In the Settings app, AppleCare+ coverage information is more...
iphone 17 pro majin bu sky blue

iPhone 17 Pro Allegedly Coming in Sky Blue Color Used for MacBook Air

Tuesday April 22, 2025 4:08 am PDT by
Apple will unveil the iPhone 17 Pro in a new Sky Blue color, the same color that debuted on the latest M4 MacBook Air models Apple released in March. That's according to the leaker Majin Bu. Concept mockup from Majin Bu Writing on his website, Bu claims that "sources close to the supply chain confirm that several iPhone 17 Pro prototypes have been made in various colors, with Sky Blue...
iPhone 17 Pro Blue Feature Tighter Crop

iPhone 17 Pro Launching Later This Year With These 13 New Features

Wednesday April 23, 2025 8:31 am PDT by
While the iPhone 17 Pro and iPhone 17 Pro Max are not expected to launch until September, there are already plenty of rumors about the devices. Below, we recap key changes rumored for the iPhone 17 Pro models as of April 2025: Aluminum frame: iPhone 17 Pro models are rumored to have an aluminum frame, whereas the iPhone 15 Pro and iPhone 16 Pro models have a titanium frame, and the iPhone ...

Top Rated Comments

Lounge vibes 05 Avatar
43 months ago
And people thought that the notch on the MacBook Pro would be their downfall
Score: 43 Votes (Like | Disagree)
nylonsteel Avatar
43 months ago
good work mr cook
mr jobs would have been proud
Score: 33 Votes (Like | Disagree)
djcerla Avatar
43 months ago
Law of large numbers be damned.

“If Apple’s share price grew even 20 percent a year for the next decade, which is far below its current blistering pace, its $500 billion market capitalization would be more than $3 trillion by 2022. That is bigger than the 2011 gross domestic product of France or Brazil.”

The New York Times, 2011
Score: 32 Votes (Like | Disagree)
tgwaste Avatar
43 months ago
great, now they'll care about their customers even less :)
Score: 16 Votes (Like | Disagree)
44267547 Avatar
43 months ago
Crazy impressive.

I’m naturally curious though, what happened to the people that said ‘Timmy Crook would put Apple in financial ruin?’ Are they still around? Just thought I would ask.
Score: 15 Votes (Like | Disagree)
TheYayAreaLiving ?️ Avatar
43 months ago

It seems that Apple Cloth has its wonders.
It sure did. Best $19 I have ever spent. Impatiently waiting for Apple Cloth 2.0. Hopefully, it comes in different colors.



Attachment Image
Score: 15 Votes (Like | Disagree)