Apple is poised to become the first American company with a market capitalization of $3 trillion. this week
What is known
Technically, Apple's capitalization has already exceededthe $3 trillion mark. This happened at the beginning of 2023. In the course of trading on January 3, capitalization amounted to more than $3 trillion for a short time, but failed to gain a foothold.
This week, trading ended with Apple's share price gaining a modest 0.63%. Thus, the value of securities amounted to $189.25 per share, and the market capitalization reached $2.98 trillion.
In general, the company from Cupertino is well-behavedfeels in 2023, but despite the problems that arose during the winter due to the outbreak of COVID-19 in China. Since January 1, Apple shares have increased in price by more than one and a half times (51%). When viewed in a vacuum, this is a good increase. However, over the same period, NVIDIA securities have risen in price almost three times.
Investors consider Apple assets to be a reliable objectto invest money. Moreover, Wedbush Securities experts predict that within a couple of years the company's capitalization will reach $4 trillion, and by the end of 2023, services will bring $100 billion in revenue. Also, high hopes are pinned on the announcement of the iPhone 15, which will take place in early autumn.