Apple Corps’ market capitalization rose more than 2 percent in trading on Wednesday, making the Cupertino-based tech giant the first US company with a market capitalization of $ 2.5 trillion.
Last week, Apple’s stock peaked for several weeks ($ 2.4 trillion) in general The company’s shares have increased by 14.33% since the beginning of 2021. The market value of the Cupertinos reached $ 2 trillion for the first time on August 20, 2016, and although this amount decreased after a while, but on September 5, 2016, it once again maintained its value of $ 2 trillion.
The tech giant announced at the WWDC 2020 that it was using more than $ 2 trillion worth of chips to launch its first M1 chip. The technical advances in this area have been highly praised and have helped the company see an increase in sales of its Mac devices.
Apple also launched its iPhone 12 devices at the same time as the outbreak of the Corona virus, whose great success has been cited as one of the main reasons for the iPhone’s sales growth, and shortly after its release became the world’s best-selling 5G handset.
Also, since Apple’s market share reached $ 2 trillion, the company has introduced its Apple One service package, which offers many services such as Apple Music and Apple Fitness in one package.
Despite the spread of the Corona virus, the company has also made progress with the release of its new hardware products. In addition to the all-new AirTag, the company also introduced modified versions of the iPad Pro M1, Apple 4K TV and 24-inch iMac.
Even before the new products were introduced, however, analysts had predicted that Apple could increase its market share to $ 3 trillion.