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What is the APPLE Price Prediction?

Apple Inc. reaches $3 trillion market capitalization

Hayley Chowdhry by Hayley Chowdhry
June 8, 2024
in Markets
A A

As of June 2024, Apple Inc. had a market capitalization of $3 trillion, making it the world’s most valuable company by market cap. Market capitalization, often referred to as market cap, is the total market value of a publicly traded company’s outstanding shares and is commonly used to measure its worth.

Apple Inc. designs, manufactures, and markets a wide range of products, including smartphones, personal computers, tablets, wearables, and accessories across the globe. The company’s product offerings include the iPhone, Mac, and iPad, as well as a variety of wearables, home products, and accessories such as AirPods, Apple TV, Apple Watch, Beats products, and HomePod. In addition to these hardware products, Apple provides AppleCare support and cloud services and operates platforms such as the App Store, where customers can discover and download applications and digital content like books, music, video, games, and podcasts. The company also offers subscription services such as Apple Arcade, Apple Fitness+, Apple Music, Apple News+, and Apple TV+. Furthermore, Apple provides financial services through the Apple Card and Apple Pay and licenses its intellectual property.

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Apple Inc. serves consumers, small and mid-sized businesses, education, enterprise, and government markets. The company sells its products through retail and online stores, a direct sales force, third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was established in 1977 and is headquartered in Cupertino, California.

For more information about Apple’s stock market capitalization, visit marketcap.tools/apple-inc.

What is the APPLE Price Prediction

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