Friday, November 15, 2024
News

Apple is briefly the first U.S. company to hit a market cap of $3 trillion

Apple generates $2.3 million revenue per employee, among highest big tech companies

Apple became the first U.S. company to hit a market cap of US$3 trillion today. Shares hit US$182.88 on the first day of trading in 2022, though its share price later dropped, meaning its market cap fell below US$3 trillion.

Apple became a $2 trillion company in August 2020. The tech giant hit the $1 trillion mark in August 2018.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.