What Apple's $3 trillion market value indicates The Week


Source: theweek.in theweek.in

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The first trading session of 2022 was a pivotal event for Apple Inc, as the firm's market value surpassed $3 trillion, making it the first corporation in the world to do so. The company took 42 years to reach $1 trillion in market value, but just two years to reach $2 trillion. Surprisingly, the $3 trillion barrier was reached in only 16 months, owing to the worldwide market rally. Interestingly, the magnitude of the value of the company can be gauged by the fact that there are only four nations - US, China, Japan and Germany - whose GDP is...