Apple market share set a historic record: Market cap reached drastic $2.53 trillion

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Yukesh Prabhu
Yukesh Prabhu
A dedicated student of Journalism with high aspiration in Reporting and content writing. A keen communicator and researcher with an expertise in content curation.

Apple Inc. is an American multinational tech giant that particularizes in mobile phones, electronics. Apple is second to none in terms of producing monstrous along with elegant look mobile phones. Apple is now a week before the launch of the iPhone 13.

Ardent fans of the iPhone expecting an unprecedented cornerstone from the colossal Apple. Recently Apple shares reached a new cliff mounting a new record on their shelves by hitting $153.49 in a trading share market. Actual share market trading has closed at $153.12 with a variation increase of $4.52.

While considering the latest share market prices, the colossal tech Apple has reached a glorious $2.53 trillion. At this point, Apple would be the first company to gain a $3 trillion share soon. It could be a piece of drastic momentous news for Apple’s surroundings. Initially, Apple reached a $1 trillion share in August 2018. In a quick span of two years, Apple has reached a new high of $2 trillion. We could expect Apple will get its unparalleled $3 trillion market capitalization in the near future.

In addition, Apple also had an ancillary impression of a 64% rise in Globalstar market cap yesterday. The market shares of the satellite company soared up high after the abrupt information by Ming-chi Kuo said the Apple iPhone 13 would support satellite connectivity to mobile phones. For this, Apple has developed a new relativity technique. Furthermore, Apple will be able to component shift data transmission through the satellite system. Apple shares rose 18.31% in 2021. In the meantime, Apple fell behind competitors like Google (64.28% global share) and Microsoft (39.48% global share ). This analytics would vary in the upcoming months.

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