Apple Becomes First U.S. Company to Hit $1.5 Trillion in Market Value
Apple’s market capitalization has surpassed $1.5 trillion, making it the first U.S. company to reach that mark, indicating that Apple is making a confortable return despite the company’s total share count declining in recent years.
In comparison, Amazon’s valuation currently stands at $1.3 trillion, while Microsoft is at $1.49 trillion showing a tight race to becoming the most valued tech giant.
With Apple now working on a new AR glasses, this is expected to add additional momentum for Apple and could potentially bring the company back onto the forefront of technological innovation not seen since the launch of the very first iPhone back in 2008.