Connect with us

Hi, what are you looking for?

The Independent TradersThe Independent Traders

Tech News

Apple is a $3 trillion company — again

Illustration: The Verge

The world’s most valuable company briefly crossed the $3 trillion mark on January 3rd, 2022, and today is the first time its market cap has reached that bar again, as individual AAPL shares showed a price above $192 soon after trading began on Friday.

In May, CEO Tim Cook reported an all-time high for its installed base of active devices, as well as “an all-time record in services and a March quarter record for iPhone.” That was despite other divisions like Mac and iPad showing results that were down from the previous year, and since then, the company has launched a new 15-inch version of the MacBook Air laptop.

Image: Yahoo Finance
Five-day chart of AAPL stock price.

Analyst Dan Ives of Wedbush Securities has…

Continue reading…

You May Also Like

Tech News

Unity Earlier this week, Unity, the company that makes the Unity video game engine popular with indie developers, announced that it was changing its...

Tech News

Illustration: The Verge X CEO Linda Yaccarino announced a series of changes to her executive team, including a shakeup to the company’s sales organization...

Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...

Tech News

The Logitech G Pro X Superlight 2 mouse. | Photo by Sean Hollister / The Verge I called it the real magic mouse, but...