Apple’s capitalization exceeded $3 trillion after the price of one share of the company rose 1% on June 30 to reach $190.73. In this respect informs CNBC edition.
CNBC writes that this is the second time Apple’s market cap has exceeded $3 trillion. The first time happened on January 3, 2022. But that day, Apple didn’t hold the bar for long – at the close of the stock market, the company’s value fell below $3 trillion again.
At its peak on June 30, 2023, Apple’s capitalization reached $3.04 trillion, the highest in the company’s 43-year history. At the time of this writing, the IT giant had a market cap of $3,027 trillion.
Wedbush Securities analyst Dan Ives believes that the prices of Apple shares will continue to rise. Ives estimates Apple’s current fair value at $3.5 trillion. According to Wedbush, Apple’s capitalization could reach $4 trillion by 2025.
Former Russian company Caviar introduced Apple Vision Pro gold headphones for 3.5 million rubles.