Apple, the world’s most valuable company, is first to close above $3.5 trillion market cap

Apple, the world’s most valuable company — which gave the world the templates for the modern personal computer, portable media player, online music store, smartphone, tablet, smartwatch, spatial computer, and more — shattered another record on Tuesday, becoming the first company in history to close regular trading with a market cap exceeding $3.5 trillion. This achievement follows their reclamation of the “world’s most valuable company” crown on Friday, surpassing Microsoft with a closing market cap of $3.507 trillion compared to Microsoft’s $3.415 trillion.

Apple’s dominance is no stranger to valuation milestones. In August 2018, they became the first company to reach $1 trillion, followed by $2 trillion in August 2020, and finally $3 trillion in June 2023.

Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.
‎
MacDailyNews Take: Mr. Market loves impeding iPhone supercycles!
‎
Please help support MacDailyNews. Click or tap here to support our independent tech blog. Thank you!

Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.

The post Apple, the world’s most valuable company, is first to close above $3.5 trillion market cap appeared first on MacDailyNews.