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Apple becomes world's first company to hit $3 trillion valuation

Shortpedia

Content Team
Image Credit: shortpedia

Apple on Monday became the first company to hit a stock market value of $3 trillion. However, by the end of the day's trading session, the value slipped to $2.99 trillion as its share closed at $182.01. Since the iPhone's debut in 2007, the brand's share price has risen by roughly 5,800%. Apple also witnessed increased spending on gadgets during the COVID-19 lockdowns.