Based on the Average Sales Price of the last year by Zillow, With a $3 trillion Market Value Apple can buy about 9 million homes in the U.S.
47-year-old company founded by legendary Steve Jobs now became the first publicly traded company to close a trading day with a $3 trillion market value.
The company has reshaped societies with an innovative line of products that has made the world go in awe of what can be the future of technology.
As published by Money Control, On ET Friday as of 2 p.m. Apple shares reached almost 2% which brought the intra-day market value close to $3.04 trillion. Before this, The company briefly eclipsed the $3 trillion market value continuously in January 2022 but couldn’t retain it by the time market closed.
Microsoft now lies in second position and stands at a market value of $2.08 trillion. The world’s most valuable listed company was 0.9% up at $191.4 in the morning trading.
Previously, This year Apple launched its Headset showing the world the power of innovation with Vision Pro. The Headset will supposedly go on sale next year.
First time since 2021, the company's market cap was below $2 trillion at the beginning of 2023.