Reportedly, Apple Inc. (AAPL) may soon achieve the lofty valuation of $3 trillion, which would make it as big as the world’s fifth-largest economy after Germany, just over a year after breaching the $2 trillion mark. Apple hit $1 trillion in market capitalization in 2018 and took two years to double that valuation.
Earlier this year, Apple briefly lost its title as the most valuable company to Microsoft Corp (MSFT) after CEO Tim Cook’s raised supply chain woes and the struggle to procure semiconductors and components to fulfill smartphones and laptops demand. Microsoft is about $500 billion short of reaching $3 trillion in market capitalization at the moment.
Dow 30 component Apple (AAPL) has revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it. To learn more about Apple (AAPL) and track its ongoing progress at Vista Partners Apple (AAPL), Coverage Page.
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