Apple became the first company to exceed US$3 trillion in market value at the close of trading.
Apple ended a trading session above US$3 trillion on June 30, 2023. It had briefly touched that level during intraday trading in January 2022, but the 2023 close represented the first time a company finished a regular session above the threshold.
The milestone reflected investors’ confidence in Apple’s global device ecosystem and its growing services business. Services include digital content, subscriptions, payments, cloud-related offerings, and commissions from the App Store.
A closing market capitalization is calculated using the final share price of the session, rather than a temporary intraday price. This distinction explains why several headlines can describe the same company as having “touched,” “crossed,” or “closed above” a valuation milestone.