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

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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.