The Apple share is rushing from one record to the next. The tech giant has become the world’s first company to set a new record, surpassing the $3 trillion threshold in stock market value.
Apple exceeds $3 trillion stock market value
Apple shares hit a new record high on Monday, rising about three percent to $182.88, surpassing $3 trillion for the first time since Wall Street began trading. That makes the iPhone and tech maker worth more than the entire stock market in Germany.
The historic milestone is the result of a year-long increase in the share price, which even managed to gain momentum during the COVID 19 pandemic. Neither global chip bottlenecks nor problems in the supply chains and pandemic-related production downtime were able to jeopardize Apple’s stock. The securities of the “apple” continued to rise constantly.
Thus, Apple has tripled its stock market value within a few years. It was only in 2018 that the group had made history on Wall Street, when the company’s stock market value had risen above the threshold of one trillion US dollars for the first time. In 2020, they exceeded the threshold of two trillion US dollars, so the third and next trillion was reached again much faster.
Apple stock: traded since 1980
Since 1980, the Apple share has already been traded on the stock market and has grown enormously, especially in recent years. In the past five years, an investment made in the share has thus increased in value more than sixfold. Since the beginning of 2002, the share price has risen by an incredible 43,000 percent.
If there is someone who invested 1,000 US dollars in Apple shares in 1980 and has not sold his securities since then, he can now look forward to a profit of more than 1.8 million US dollars.
Which companies follow Apple’s stock market value? Microsoft ranks second with a market value of around 2.5 trillion US dollars. Google umbrella company Alphabet (stock market value of 1.926 trillion US dollars) is found in third place. The top three are therefore led exclusively by US technology companies. Only in fourth place comes the Saudi oil giant Saudi Aramco, a company from a different sector.
Further increase in share price likely
Analysts expect Apple’s share price to continue to rise strongly. With a strong product lineup expected for 2022 around iPhone 14, new AirPods Pro 2 and new MacBooks, experts expect the current year to see further increases. Projects such as Apple AR glasses and the automotive project could boost the value even further.
The iPhone continues to be the largest source of revenue for Apple. Just under 39 billion of the total revenue of 83.4 billion US dollars in the fourth quarter of 2022 will come from Apple’s smartphone division.