Apple is worth $3 trillion

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Apple is worth $3 trillion

AAPL briefly crossed the $3 trillion mark in January, 2022, and today its market cap hit that bar again.

Shares traded at a price above $192 immediately after trading began on Friday.

In May, Apple reported an all-time high for its installed base of active devices and a March quarter record for iPhone.

That was despite other divisions like Mac and iPad showing declines.

Analyst Dan Ives of Wedbush Securities has suggested that the company could hit a $4 trillion cap by 2025.The world’s most valuable company briefly crossed this bar on January 3rd, 2022; today is the first time since then that AAPL shares have traded above the $192 price on Wall Street.

In May, CEO Tim Cook reported anAll-Time high for his device installed base.

Services and iPhone revenue were up year over year.

Since then, the company has launched a new MacBook Air laptop and a 15-inch MacBook Air tablet.

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