Apple became the first public company valued at $3 trillion on an intraday basis in January 2022.
The milestone occurred during trading on January 3, 2022, when Apple’s share price reached the level needed for its total market capitalization to equal $3 trillion. It was an intraday record, meaning the shares touched that level during the session; the company did not necessarily finish every session above it.
Apple’s achievement followed its $1 trillion milestone in 2018 and $2 trillion milestone in 2020. The sequence showed how rapidly the market values of leading technology companies had expanded.
Apple’s market capitalization is based on its outstanding shares and stock price. It should not be confused with revenue, profit, brand value, or the company’s cash balance. Because Apple has conducted stock buybacks and stock splits, the share count and per-share price must be considered together.