How Apple became a 3 Trillion Dollar Company

As its sales continued to grow and it spent hundreds of billions of dollars on its own shares, the value of the iPhone manufacturer tripled since 2018. Combine Amazon, Comcast, Morgan Stanley, McDonald's, Disney, Netflix, Nike, Exxon Mobil, Coca-Cola, AT&T, Goldman Sachs, Boeing, IBM, and Ford. Still, Apple is more valuable. The value of Apple, a computer business that was founded in a garage in California in 1976, has grown to $3 trillion. When its shares temporarily exceeded $182.86 per share before closing at $182.01 on Monday, it became the first publicly traded corporation to ever reach that amount. On August 2, 2018, during intraday trading, Apple became the first publicly traded U.S. business to reach a $1 trillion market cap. On August 19, 2020, just over two years later, it reached a $2 trillion valuation. That’s it for today’s video. Please like the video and subscribe the channel for future!