{"id":7020,"date":"2022-01-04T07:43:00","date_gmt":"2022-01-04T07:43:00","guid":{"rendered":"https:\/\/polscienceweb.com\/?post_type=portfolio&#038;p=7020"},"modified":"2022-01-04T08:14:02","modified_gmt":"2022-01-04T08:14:02","slug":"apple-becomes-the-first-company-to-hit-the-3-trillion-valuation","status":"publish","type":"portfolio","link":"https:\/\/polscienceweb.com\/index.php\/portfolio\/apple-becomes-the-first-company-to-hit-the-3-trillion-valuation\/","title":{"rendered":"Apple becomes the first company to hit the $3 trillion valuation"},"content":{"rendered":"\n<h4 class=\"has-text-align-center wp-block-heading\"><strong>However, the valuation slipped to $2.99 trillion by the end of the day<\/strong><\/h4>\n\n\n<div class=\"has-text-align-center wp-block-post-date\"><time datetime=\"2022-01-04T07:43:00+05:30\">4th January 2022<\/time><\/div>\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<details class=\"wp-block-verse\" style=\"font-size: 18px; text-align: justify;\">\n<summary class=\"wo-block-verse\" style=\"font-size: 18px; text-align: center;\">Read more<br><br><\/summary>\n\n\n\n<p class=\"wp-block-verse\" style=\"font-size: 18px; text-align: justify;\">Apple became the first firm in the world to reach a capitalization of $3 trillion after the stock price rose by as much as 3 percent to $182.88 on the first trading day of the year on Monday in New York.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-verse\" style=\"font-size: 18px; text-align: justify;\">It was also the <strong>world\u2019s first company<\/strong> to reach the milestone of a trillion-dollar valuation in August 2018. It crossed the $2trillion mark just 16 months after in 2020.<\/p>\n\n\n\n<p class=\"wp-block-verse\" style=\"font-size: 18px; text-align: justify;\"><strong>iPhone sales<\/strong> are the largest contributor to their revenue and are followed by services such as iTunes Store, the App Store, AppleCare, etc., which is their next biggest source. Wearables, home and accessories have also made a growing contribution to Apple\u2019s net sales.<\/p>\n\n\n\n<p class=\"wp-block-verse\" style=\"font-size: 18px; text-align: justify;\">Other notable companies in the trillion-dollar club include <strong>Microsoft<\/strong>, which is also worth about $2.5 trillion. <strong>Alphabet, Amazon, and Tesla<\/strong> have market values above US$1 trillion.<\/p>\n\n\n\n<\/details>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center\">Source : <a href=\"https:\/\/www.bbc.com\/news\/business-59864059\" target=\"_blank\" rel=\"noreferrer noopener\">BBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>However, the valuation slipped to $2.99 trillion by the end of the day Read more&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7023,"comment_status":"closed","ping_status":"closed","template":"","portfolio-category":[428,430,426],"class_list":["post-7020","portfolio","type-portfolio","status-publish","has-post-thumbnail","hentry","portfolio-category-428","portfolio-category-january-2022","portfolio-category-newsfeed"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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