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Apple became the first company to reach 3 trillion

MobileApple became the first company to reach 3 trillion

"The market is rewarding companies with strong balance sheets," said Scott Rain, a senior global market expert.

Kathmandu. Apple Inc. set a new world record on Monday. It is the first company in the world to achieve a market value of 3 trillion in the stock market. Investors are confident that the company will continue to launch great products in the years to come. The company is now entering new technical areas such as automated cars and virtual reality.

Apple has been named the world’s most valuable company, with customers expected to continue to be attracted to Apple TV and Apple Music services, including the iPhone, MacBook. Jake Dollarhead, Oklahoma’s chief property manager, said it was a great achievement.

Earlier, Apple had maintained a market value of 2 trillion with Google. Google Inc. is now worth  2.5 trillion. Amazon and Tesla Inc. have a market cap of 1 trillion, while Saudi Arabian oil has a market cap of 1.9 trillion.

“The market is rewarding companies with strong balance sheets,” said Scott Rain, a senior global market expert. Apart from iPhone and other devices, its video streaming and music are also contributing to the increase in returns. This solves the problem of having to rely only on the iPhone. Earlier, investors were worried about this.

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