Apple became the world's most valuable publicly traded company in June 2023.
Apple's market capitalization passed $3 trillion during trading on June 30, 2023, and it ended that session as the world's most valuable listed company. Its share price had benefited from continued confidence in the iPhone ecosystem, services growth, and the company's long-term product strategy.
The company had first touched the $3 trillion level in January 2022, but the 2023 milestone was notable because Apple closed above that valuation. Closing market capitalization is calculated using the final share price of the session, while an intraday figure can be temporary.
Microsoft was a close competitor, and Nvidia's later rise reshaped the ranking. These comparisons concern publicly traded equity value, not private companies or a company's total enterprise value, which also accounts for debt and cash.