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Apple first U.S. company to reach $3 trillion market cap


the staff of the Ridgewood blog

Ridgewood NJ, Apple hit a market cap of $3 trillion during intraday trading on Monday. It was the first publicly traded US company to hit a $1 trillion market cap in 2018. Apple showed annual growth across all of its product categories in its fourth-quarter earnings. Investors remain bullish, with many predicting more growth in the near future. Apple’s peers aren’t far behind, with Microsoft worth about $2.5 trillion, Google about $2 trillion, and Amazon around $1.75 trillion.

2 thoughts on “Apple first U.S. company to reach $3 trillion market cap

  1. it’s kinda a cheat since Apple never closed the day with a market cap of $3 Trillion, having only hit it intra-day.

    they will get there very soon.

  2. apple keeps the factories in china humming away
    with the prices they charge for their equipment i’d expect they could afford to pay american workers on US soil to build the products

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