According to the recent research, there are over 80% of people would be motivated to exercise if incentivized by crypto...


Recent Study Reveals That Crypto Motivates People to Exercise

On Friday, Prime Minister Ranil Wickremesinghe warned of a food shortage as the island nation battles a devastating economic...


Thousands queue for petrol, gas in Sri Lanka amid warnings of food shortages

ASML, a semiconductor industry and stock market giant, might have to think smaller. Or maybe bigger. Currently, it is building machines...


Computer chip giant ASML places big bets on a tiny future

Finance ministers and central bank governors of the United States, Japan, Canada, Britain, Germany, France and Italy - the G7, agreed on...


Money for Ukraine Priority in G7 Agenda; Inflation, Food a Concern

An auto safety agency in the U.S. said on Wednesday that it has opened an investigation into a fatal crash involving a Tesla...

Stock Markets

U.S. Agency opens investigation involving Tesla due to 14 Crash Deaths

Stock Market

4 Jan 2022

Apple Makes History as the World’s First Company to Reach $3 Trillion in Market Value

Apple Makes History as the World’s First Company to Reach $3 Trillion in Market Value

The Index Today

Apple Inc. on Monday created history after it became the first company in the world to hit $3 trillion in market valuation despite the recent economic challenges posed by the COVID-19 pandemic. However, it could not maintain the value throughout the trading day, but closed the session with a 2.5% soar at $182.01.

Since the launch of the first iPhone in 2007, the tech giant’s share prices have surged by 5,800%. The unexpected demand for gadgets and devices during the pandemic thrust Apple in the forefront, pulling its overall revenue up by 47%. Apple has also set the record previously as the first company in the world to surpass the trillion-dollar mark in market value.

Hailing the milestone as a “fantastic accomplishment”, Jack Dollarhide, the CEO of Longbow Asset Management, remarked, "It just shows you how far Apple has come and how dominant it is seen as in the majority of investors' eyes."

©Photo: ceotodaymagazine