Apple became the first company to achieve a stock-market value above $3 trillion.
Apple briefly crossed the $3 trillion market-capitalization threshold during intraday trading on January 3, 2022. Its share price reached the level needed for the company’s outstanding shares to be valued above $3 trillion, making it the first publicly traded company to pass that mark.
Apple later crossed the threshold again in June 2023 and has moved above and below it as its share price changed. Such milestones are not permanent rankings: market capitalization varies with trading prices, share counts, stock splits, and corporate actions.
The company’s climb was powered by the iPhone ecosystem, services such as the App Store and Apple Music, and a large installed base of customers. Apple’s earlier trillion-dollar milestone occurred in 2018, followed by $2 trillion in 2020.