US tech giant Apple is the the first company to hit a stock market valuation of 3 trillion dollars.

Apple's share price rised around 5,800% since its co-founder and former CEO Steve Jobs introduced the first iPhone in the year 2007.

However, the same value got slipped a bit, to end Monday's trading session at 2.99 trillion dollars. Apple has been succesfully one of the big winners before and after the pandemic, as lockdowns saw spending on gadgets, the sales were jumped. The value is getting increased each and every day.
For Apple, hitting $3 trillion is another mielstone as the company continues to prove the competitors wrong. It took just 16 months for Apple's stock market valuation to reach from $2trillion to $3trillion, as the world's biggest technology companies saw demand as people became more reliant on electronic gadgets during the lockdowns.

Apple was the first company to hit a stock market valuation of $1 trillion in 2018.The iPhone accounts for around half of the company's sales, while it is also well-known for its Mac computers and iPad tablets.

Also, important parts of the business like softwares sold through the Apple store, storage purchase via the iCloud and services such as Apple music, Apple TV and fitness subscription platforms.

In August'21, Apple's CEO Tim Cook has received more than 5 million shares in the firm, as he has been working with Apple for ten years.He has sold most of the shares for more than $750m and it was part of a deal he struck when he took over the same from co-founder Steve Jobs.

Apple made its stock market debut in the year 1980 with a market valuation of 1.8 Billion Dollars.