Apple is trading at $174 per shares and a $3 trillion market cap will happen soon Apple reaches $182.85 per share
- Posted on December 09, 2021
- Editors Pick
- By admin
Apple stock has been on the rise lately going from $130(s) per share to $174 per share and now it is on its way to becoming the first $3 trillion company as a publicly-traded technology stock. A $3 trillion market cap will make Apple the world’s fifth-largest economy after Germany and this is about to happen in just over a year after Apple's stock price passed the $2 trillion market cap mark.
As of today December 9th, 2021, Apple stock (AAPL) is selling for $175.11 per share, just $7.74 per share less than the share price it needs to reach the $3 trillion mark. This is a milestone and all Apple shareholders are very excited about this.
List of stocks that are just right behind apple in market capitalization ranking.
- Microsoft MSFT. - $2.5 Trillion Market Cap
- Amazon. AMZN. $1.78 Trillion Market Cap
- GOOGLE. GOOGL. $1.97 Trillion Market Cap
- Tesla. TSLA. $. 1.05 Market Cap
"Apple does seem to be more immune to the ebb and flow of economic forces just because of this really strong brand. It's new product pipeline is pretty strong too," Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown said.
"There is an expectation that Apple is still going to come for you even though there have been some weaknesses in getting hold of the handsets and making sure that they're available for the public."
NewUser says: