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Apple with a valuation of $3 million in 1977 has now crossed the valuation of #3 trillion in 2023 thus breaking its previous record and creating history. The tech giant is the only company in history to cross the three trillion dollar mark. It touched $1 trillion in market valuation for the first time in 2018 and $2 trillion in 2020. It was also the first company to touch these milestones. The company was first valued at $1 billion in 1980. With a strong week for US equities, the company crossed the milestone with a share price of $193.97. There have been only six companies other than Apple with trillion dollar valuations. Microsoft is a close second behind Apple with a valuation of $2.5 trillion, followed by Saudi Aramco ($2 trillion). The fourth company is Alphabet ($1.5 trillion), followed by Amazon ($1.3 trillion) and Nvidia ($1 trillion).
Apple is now the first publicly traded company to close with a valuation of $3 trillion! pic.twitter.com/T64dx9x7P7
— The Apple Hub (@theapplehub) 30 June 2023
Apple reached a milestone after reaching a market valuation of $3 trillion.@markgurman Explains what it means for the company pic.twitter.com/kFhYQ2Wdr1
— Bloomberg Technology (@technology) 30 June 2023
Apple currently has a market valuation of $3.05 trillion. This is more than the GDP of most countries. https://t.co/91Bgdd0iDS
— Diversity (@diversity) 30 June 2023
2023: $3 trillion
2020: $2 trillion
2018: $1 trillion
2017: $900 billion
2014: $700 billion
2012: $600 billion
2012: $500 billion
2012: $400 billion
2011: $300 billion
2010: $200 billion
2007: $100 billion
1980: $1 billion
It all started with a low-cost digital ‘blue box’ designed by Steve Wozniak in high school in the early 70s. The Blue Box allowed users to make free long distance calls and was therefore essentially illegal. But it gave his friend Steve Jobs the view that electronics is fun and profitable. This eventually led to many things including Steve Jobs’ spiritual search in India, experiments with psychedelics, his job at Atari while Wozniak gigged at HP. The two were offered to design a chip by Atari for which Jobs made a deal to split the profits. Jobs apparently deprived Wozniak of his profits. He told the latter that Atari paid only $750 instead of the actual amount of $5,000. Wozniak came to know about this after a decade. He eventually started attending homebrew computer classes in 1975. This was the first step for the pair to build their first Apple machine in 1976. After Wozniak completed the design, Jobs suggested selling it. Wozniak was skeptical about sales but eventually 200 apples were sold. This business started in Steve Jobs’ bedroom and then moved to his garage.
As the Apple maker achieved a valuation of three trillion dollars, hilarious reactions and memes started pouring in.
— Andrew (@plain_cheeri0s) 30 June 2023
investors pic.twitter.com/InRAO9OoKV
— Eddygraphic (@eddygraphic1) 1 July 2023
— Corey Galler (@CorayGaller) 30 June 2023
– apple fan (@appleiphone120) 1 July 2023
Brother, if this is the trend, then Apple will cross India’s GDP too.
If Steve Jobs was alive, can you imagine what his net worth would be by now?
If accumulating wealth from all over the world was a profession. #Apple,
— Value Writer (@intimatewanna) 30 June 2023
😱Can you believe it? Only six countries—the United States, China, Japan, Germany, India and the United Kingdom—have a GDP greater than Apple’s market valuation of $3.05 trillion. It’s mind boggling, isn’t it?#crypto twitter #cryptocurrency #altcoin #bitcoin #B T c #crypto #Apple #AAPL pic.twitter.com/pb3IsJLbHj
— Isuru Akalanka (@thisisisuru) 1 July 2023
See also: Apple boosts its strength in the Indian market with Saket and Ambani-owned mall deals; restricts competition
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