Apple is a $3 trillion company — again

Apple is a $3 trillion company — again

Illustration: The Verge

The world’s most valuable company briefly crossed the $3 trillion mark on January 3rd, 2022, and today is the first time its market cap has reached that bar again, as individual AAPL shares showed a price above $192 soon after trading began on Friday.

Its share price maintained that level and eventually closed the day at $193.97, making it the first company to end a day with a market cap of over $3 trillion. Four other US companies are worth more than $1 trillion, led by Microsoft at around $2.5 trillion, along with Alphabet (Google), Amazon, and Nvidia.

Image: Apple
Screenshot of Apple’s stock price at the end of the day on June 30th, 2023.

In May, CEO Tim Cook reported an all-time high for its installed base…

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