APPLE FIRST COMPANY WORTH 3 TRILLION

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Apple stock has been trading with record highs over the past few weeks, and today the company has reached a new milestone in valuation.

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The value of a single AAPL share hit around $182.90 during intraday trading, making Apple the first company in the world to be worth $3 trillion.

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Apple also has a range of new markets to reach with high expectations for the affordably priced 5G iPhone SE, a multi-year roadmap for the company's pending entry to virtual reality and augmented reality headsets, and a clearer vision for the long-rumored Apple Car project.

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2018

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2020

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That also means Apple's valuation added another trillion dollars faster in roughly 16 months than it did between the first and second trillion.

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Apple is trailed by Microsoft and Alphabet (Google) in the $2-3 trillion range with Amazon and Tesla occupying the $1-2 trillion range.

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Following the milestone being reached, $AAPL returned to trading just below the amount that gives the company its $3 trillion valuation — a back and forth that likely won't last long.

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Not bad for a company started in a garage by a college dropout in the mid-70s.

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A whopping $2.7 trillion in value, of course, has been added under Tim Cook's leadership after taking over for Steve Jobs in 2011.

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Apple is also no stranger to financial milestones among publicly traded companies

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A growing reliance on ever-expanding services and continuing global success with iPhone, iPad, and the Mac certainly do not hurt.

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