
Apple is now worth 2 trillion dollars
Recently Apple has reached another huge milestone in its unstoppable journey. The company is now worth 2 trillion dollars. This news has astounded many tech companies, including Samsung, Google, and Xiaomi. Reaching a worth of 2 trillion dollars has proved the world that Apple will stay in the market for many coming years and will compete with the top smartphone brands at every platform.
The shocking thing is the graph, which shows the exponential growth of the companies value. The company took 42 years to reach up to the market value of 1 trillion dollars, but results are jaw-dropping in the next two years. According to statistics, the company made 1 trillion dollars within two years.
Even during the pandemic, when every tech company was on the brink of getting bankrupt, Apple was still on beast mode. Tim cook, the chief executive officer of Apple, has also played a vital role in achieving this milestone. The supply chain built-in Tim cook’s supervision has resulted in millions of Apple devices being made quickly. Users were also made to pay every month of the digital services they were utilizing from Apple suite. Other tech companies, including Amazon and Microsoft, are also racing to hit the 2 trillion dollar milestone and currently have a 1.6 trillion dollar market value.
It’s not just the hardware that has been sold to generate such a significant amount of dollars but also digital services, including iCloud, Apple Arcade, Apple TV+, and Apple Music. Apple still has enormous long-term goals, and the introduction of 5g connectivity will enhance Apple products’ usage.