search

Apple becomes 1st US company to reach $3 trillion valuation

People try out the latest iPhone 13 handsets at an Apple Store in Beijing, September 28, 2021. (AP Photo/Andy Wong)
People try out the latest iPhone 13 handsets at an Apple Store in Beijing, September 28, 2021. (AP Photo/Andy Wong)

Apple becomes the first US company to hit $3 trillion in market value, briefly reaching the landmark in the latest demonstration of the tech industry’s pandemic surge.

The iPhone maker scaled the record level near 1845 GMT before slipping back slightly. The tech giant also was the first US company to hit $2 trillion in August 2020, during a pandemic that has stoked demand for personal electronics.

comments
Never miss breaking news on Israel
Get notifications to stay updated
You're subscribed