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Apple on Monday became the first publicly traded company to be worth $3 trillion, the New York Times reports.

Driving the news: It comes less than two years after the company became the first to hit a $2 trillion valuation. 

$3 trillion roughly equal to the gross domestic product of Britain or India, the Times notes.

Our thought bubble, via Axios' Hope King: Investor trust and confidence in Apple has never been higher and the milestone today continues to solidify its position as one of the most consequential companies in the world.

Apple becomes first company worth $3 trillion

It comes less than two years after the company became the first company to hit a $2 trillion valuation.

Picture of the apple logo and there's a building behind it

Apple

Big Tech

Emerging Tech

Apple on Monday became the first publicly traded company to be worth $3 trillion, <a class="gtmContentClick" data-vars-link-text="the New York Times" data-vars-click-url="https://www.nytimes.com/2022/01/03/technology/apple-3-trillion-market-value.html" data-vars-content-id="bcee0d4c-a22e-443b-b852-51042c63757c" data-vars-headline="Apple becomes first company worth $3 trillion" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.nytimes.com/2022/01/03/technology/apple-3-trillion-market-value.html" target="_blank">the New York Times</a> reports.Driving the news: It comes less than two years after the company became <a class="gtmContentClick" data-vars-link-text="the first to hit a $2 trillion valuation" data-vars-click-url="https://www.axios.com/apple-2-trillion-valuation-ea8cf56e-7dd7-4601-b21a-bd881195712b.html" data-vars-content-id="bcee0d4c-a22e-443b-b852-51042c63757c" data-vars-headline="Apple becomes first company worth $3 trillion" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/apple-2-trillion-valuation-ea8cf56e-7dd7-4601-b21a-bd881195712b.html" target="_self">the first to hit a $2 trillion valuation</a>.

From the Valley to D.C., Big Tech players like Facebook, Google and Amazon are under more scrutiny than ever as new technology develops and privacy and antitrust concerns grow in lockstep with companies’ ambitions.

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Economy & Business

Apple becomes first company worth $3 trillion

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