Apple becomes first company to hit $3 trillion market value
Apple on Monday became the first company in world history to hit the $3 trillion market capitalization milestone.Apple’s value has tripled since 2018 as its sales continued to soar and it spent hundreds of billions of dollars on share repurchases.
Apple went public on December 12, 1980 at $22.00 per share. The stock has split five times since the IPO, so on a split-adjusted basis the IPO share price was $.10.
Reuters:On the first day of trading in 2022, the company’s shares rose to $
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