![The making of a tri-trillionaire](https://cdn.magzter.com/Voice and Data/1689169925/articles/irWC_JCHU1689307809267/THE-MAKING-OF-A-TRITRILLIONAIRE.jpg)
It took 42 years for the first trillion. Apple accomplished an astonishing feat in August 2018 when its market capitalisation reached USD 1 trillion.
Surging past USD 2 trillion precisely two years later in 2020, Apple continued its impressive growth. The USD 3 trillion landmark came in January 2022, a remarkable achievement within just 16 months. Unfortunately, the company couldn't sustain that value. Nevertheless, on 30 June 2023, Apple closed at an astounding USD 3 trillion.
HOW LARGE IS USD 3 TRILLION?
To appreciate the magnitude of USD 3 trillion into perspective, it is comparable to the market value of all the stocks listed on the National Stock Exchange of India.
In the highly exclusive trillion-dollar club, which currently consists of only six members, Apple stands tallest alongside tech giants such as Microsoft, Alphabet, Amazon, and Nvidia. The sixth member of this elite group is the energy titan, Aramco. At a value of USD 3 trillion, Apple surpasses the next-largest company, Microsoft, by nearly USD 500 billion and is nearly twice as valuable as Alphabet.
Apple's worth is nearly equivalent to the combined value of Tesla, Meta, Berkshire Hathaway, UnitedHealth, and Visa, which are ranked as the sixth through tenth most valuable American companies. It is roughly 25 times greater than General Electric, 20 times larger than Intel, and approximately 14 times more than Reliance Industries. Further, Apple's worth exceeds that of all the world's cryptocurrencies combined.
WHAT FACTORS HAVE CONTRIBUTED TO APPLE'S SUCCESS?
While it is challenging to pinpoint the exact reasons behind Apple's continuous triumph, there are several indicative factors related to its superior market and financial performance.
Diese Geschichte stammt aus der July,2023-Ausgabe von Voice and Data.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der July,2023-Ausgabe von Voice and Data.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
![Can US AI copyright law impact Indian policymaking?](https://reseuro.magzter.com/100x125/articles/94/1694801/H_fr5ANgz1715766992228/CAN-US-AI-COPYRIGHT-LAW-IMPACT-INDIAN-POLICYMAKING.jpg)
Can US AI copyright law impact Indian policymaking?
The proposed Act suggests compensating original creators for content that is used to train Gen Al. This can be a good middle ground for many in tech to follow
![Rise of the connected cars](https://reseuro.magzter.com/100x125/articles/94/1694801/HG9_Qst6U1715766876210/RISE-OF-THE-CONNECTED-CARS.jpg)
Rise of the connected cars
Advanced features like 5G, IoT, and AI are reshaping the automotive industry in India, promising enhanced mobility and safety for drivers
![Navigating chaos: Securing trust in digital communication](https://reseuro.magzter.com/100x125/articles/94/1694801/2UsZbtOKm1715766736914/NAVIGATING-CHAOS-SECURING-TRUST-IN-DIGITAL-COMMUNICATION.jpg)
Navigating chaos: Securing trust in digital communication
Amid rising fraud risks, CPaaS tools offer a lifeline. SMS, though vulnerable, remains pivotal for real-time alerts in a chaotic digital landscape
![The silent communication warhorse](https://reseuro.magzter.com/100x125/articles/94/1694801/O6leJ8stD1715766580187/THE-SILENT-COMMUNICATION-WARHORSE.jpg)
The silent communication warhorse
While 5G grabs the headlines, 4G LTE quietly fuels global mobile networks, enabling high-speed Internet and IoT growth with wide adoption and growth potential
![HPE Launches Wi-Fi 7 APs for enhanced connectivity and security](https://reseuro.magzter.com/100x125/articles/94/1694801/UHq6CxPl11715766509918/HPE-LAUNCHES-WIFI-7-APS-FOR-ENHANCED-CONNECTIVITY-AND-SECURITY.jpg)
HPE Launches Wi-Fi 7 APs for enhanced connectivity and security
Hewlett Packard Enterprise launched Wi-Fi 7 access points (APs), boasting up to 30% more wireless traffic capacity than competitors.
![Getting ready for the great Indian switch](https://reseuro.magzter.com/100x125/articles/94/1694801/aXaxOfO0r1715766337944/GETTING-READY-FOR-THE-GREAT-INDIAN-SWITCH.jpg)
Getting ready for the great Indian switch
India's mobile landscape is undergoing a shift: from feature phones to feature-rich, affordable smartphones, driven by consumers' desire for a better user experience
![Net neutrality takes a right turn again](https://reseuro.magzter.com/100x125/articles/94/1694801/CJ6wfj-tI1715766128171/NET-NEUTRALITY-TAKES-A-RIGHT-TURN-AGAIN.jpg)
Net neutrality takes a right turn again
Led by Biden's commitment to protecting the Open Internet, the recent FCC decision has brought the Net Neutrality debate back to the front
![It is time to ghost the AI dating bots](https://reseuro.magzter.com/100x125/articles/94/1694801/a3fkpkCAy1715765978259/IT-IS-TIME-TO-GHOST-THE-AI-DATING-BOTS.jpg)
It is time to ghost the AI dating bots
As mobile apps and AI dating bots surge in popularity, addressing pressing concerns about privacy, data manipulation, and transparency is paramount
![Will voice interfaces ever take off?](https://reseuro.magzter.com/100x125/articles/94/1694801/dix7zBXXB1715765770825/WILL-VOICE-INTERFACES-EVER-TAKE-OFF.jpg)
Will voice interfaces ever take off?
Voice as a primary user interface has shown flickers of promise but has never taken off. Today, with AI at hand, it is still failing to go mainstream
![Mega deals paper some cracks for in-turmoil IT firms](https://reseuro.magzter.com/100x125/articles/94/1694801/zcd6cBHtJ1715765127780/MEGA-DEALS-PAPER-SOME-CRACKS-FOR-INTURMOIL-IT-FIRMS.jpg)
Mega deals paper some cracks for in-turmoil IT firms
Amid the tricky financial year 2023-24, IT firms saw losses in Pack revenue from their telecommunications clients-suggesting that a rejig could be in order