Apple became the first 3 trillion dollar company in the world

Ignoring the criticism of the Vision Pro headset, Apple became the world’s first company with a value of 3 trillion dollars. But how has this great achievement been achieved?

Apple recently reached a new milestone. The tech giant is now the world’s first public company valued at $3 trillion. Apple shares have increased by 2.31% compared to last Friday and have experienced a 46% growth compared to last year.

Although Apple’s market value temporarily crossed the $3 trillion mark for a few hours last year, it failed to finish the trading day at that figure. This time, however, Apple managed to finally end a trading day with a value of more than 3 trillion dollars.

Apple became the first 3 trillion dollar company; but how?

One of the determining factors in the continuous success of Apple is the iPhone series, which since its release, the growth in value and increase in income of this technology giant has gained more momentum. The total sales of iPhone now reach 2 billion units, which is an impressive figure.

iPhone sales account for nearly half of the company’s total annual revenue, and have pushed Apple’s dominance beyond the United States, including China. In the US, the five best-selling smartphones from the iPhone series have more than 50% of the total market share.

Similarly, in the Chinese market, the iPhone has a strong position by maintaining four positions among the five best-selling phones. In addition, the unveiling of the mixed reality headset Apple Vision Pro, although it was accompanied by harsh criticism at the beginning, but it gradually met with the favor of investors and evaluators. This gadget is going to be sold next year at a price of 3499 dollars.

Also, the next generation of iPhone should not be neglected, which is not much time left until its release. With these interpretations, the dominance of the world’s first 3 trillion dollar company is likely to continue for a long time.