Apple, headquartered in Cupertino, California, became the first company to cross $3 trillion in market value.
Apple briefly exceeded a $3 trillion market capitalization during trading on January 3, 2022. Its corporate headquarters, Apple Park, is in Cupertino in Silicon Valley, the California region associated with the development of influential technology companies.
The company was incorporated in 1977, following its founding in 1976, and was originally known as Apple Computer Company. Its early products included the Apple I and Apple II personal computers. The Macintosh, introduced in 1984, helped establish Apple’s reputation for combining hardware and software design.
Apple’s market-cap achievements are linked to its share price, not to the physical value of Apple Park or its equipment. The company’s valuation can change every trading day, while its long-term business story includes several distinct eras: personal computers, the iPod, the iPhone, and a broad services ecosystem.