San Francisco | Apple has become the first company to hit a market capitalisation of $US3 trillion ($4.2 trillion), after its value rose by $US1 trillion in less than 16 months as the coronavirus pandemic turbocharged big tech.
The iPhone maker became a $US1 trillion company in August 2018 and two years later became the first company to be valued at $US2 trillion. On Monday (Tuesday AEDT), shares in the company rose by 3 per cent to $US182.86, taking it past the latest milestone, before easing back to close at $US182.01.
Financial Times