The market value of the American company Apple on Monday came close to $ 3 trillion, showing at a peak of $ 2.97 trillion, writes Reuters. By the close of trading, the company's shares fell by 2%, which is why its market value slightly decreased, and did not manage to reach the indicator, the news agency notes.

At the close of trading on Monday, Apple shares were worth $ 175.74. The decline in their prices during the day offset the previous growth, in which they approached $ 182.86 - this mark is necessary to reach the market value of $ 3 trillion. If it surpasses this figure, Apple will be the first and only company to achieve this achievement. Its closest pursuer, Microsoft, currently has a market value of $ 2.6 trillion - remaining the only company in the $ 2 + trillion club, while Alphabet, Amazon and Tesla only surpassed the $ 1 trillion mark.

Apple shares rose 11% over the past week and are up 30% YTD. At the same time, it took Apple only 16 months to increase the company's market value from $ 2 trillion to $ 3 trillion - by comparison, it took the company more than two years to grow from $ 1 trillion to $ 2 trillion.

Exceeding the $ 3 trillion milestone will add points to CEO Tim Cook. OANDA analyst Edward Moya told Reuters that Cook has done a tremendous job of increasing Apple's stock value by more than 1400% since 2011, when he succeeded Steve Jobs as CEO.

bbabo.Net