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Apple is dangerously close to reaching a three trillion dollar valuation

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Apple is dangerously close to reaching a three trillion dollar valuation

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Apple is still very strong in valuation and is about to hit three trillion dollars.

Apple is dangerously close to reaching a three trillion dollar valuation
Apple, about to be the company of three trillion dollars

Apple (AAPL) shares have recently followed an upward trend, setting a new closing record. Ten days later, shareholders have witnessed a new high in trading, as well as highest closing price to date.

Yesterday, the company closed at $187.00 per share, after opening at $183.74 and reaching $187.04 during operations. This values ​​Apple at $2.941 trillion based on market capitalization, that is, very close to that magic figure.

Apple, about to be the company of three trillion dollars

In January 2022, Apple was about to become the first company to reach a valuation of 3 trillion dollarsbut ultimately it was not possible due to the limitations in the iPhone supply, which affected sales and caused Apple to lose 1 billion dollars in value by the end of the year.

Although Apple’s stock saw the company’s valuation hit $3 trillion last year, Apple (AAPL) has yet to close with a company valuation of $3 trillion. But despite all the hurdles it has had to face, it is very likely that it will reach that valuation in the very near future since right now they are at $2.94 trillion.

Dynamic Island on the iPhone 14 Pro

The Dynamic Island of the iPhone 14 Pro in action

As for products, Apple plans to launch four new iPhone models with USB-C connection this fall and iPhone 15 and iPhone 15 Plus models will adopt a design with Dynamic Island introduced in the iPhone 14 Pro last year and a 48-megapixel camera that the 14 Pro also introduced, among other features. That added to the good expectations with the Apple Vision Pro, make it very likely to reach 3 billion dollars in a very short time.

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