Apple Company becomes the first in the world with a capitalization of $ 3,000,000,000

Apple’s capitalization briefly exceeded $ 3,000,000,000 on Monday, becoming the first company in the world to reach this market value.

The milestone was achieved after the value of the technology company shares grew 3% to $ 182.85. Shortly after, the value fell to $ 182.52, bringing the company’s market value below the level reached.

Growth reflects investors staying bullish on the company’s stocks and products, which has tripled its capitalization in four years.

Apple showed an increase in all product categories in the fourth quarter of this year, increasing its revenue 29% compared to the same period last year. IPhones are still the locomotive of sales.

The price of shares of the firm led by Tim Cook grew more than 40% in one year.

But nevertheless, the rivals of the Californian company are not far behindMicrosoft’s market value is around $ 2,500,000,000, Google’s is nearly $ 2,000,000,000, and Amazon’s is around $ 1,750,000,000.

(With information from RT in Spanish)