Apple was the first publicly traded business to close above a $3 trillion market capitalization.
Apple achieved the closing milestone on June 30, 2023, after first briefly crossing $3 trillion during trading in January 2022. A closing record means the valuation remained above the threshold when the regular trading session ended, making it more durable than an intraday spike.
The company reached the figure with a share price supported by continued demand for iPhones, Macs, iPads, wearables, and services. Investors also watched Apple's plans in spatial computing, which later produced the Apple Vision Pro headset.
Market-cap records can be reported in several ways, including intraday value, closing value, and inflation-adjusted historical value. For that reason, two companies may both be described as crossing a threshold while holding different records for the timing or type of crossing.