Apple Inc. became the first listed company with a market capitalization of over US$3 trillion on Monday. Since the iPhone was released in 2007, Apple's stock price has achieved an astonishing rise, and the $3 trillion market capitalization is its latest milestone.
In January 2007, Apple co-founder and former CEO Steve Jobs (Steve Jobs) released the first iPhone. Since then, Apple's stock price has risen by approximately 5800%, far exceeding the approximately 230% increase in the S&P 500 Index during the same period.
Although Apple's market value has maintained its lead recently, in the past three years, both Microsoft and Amazon have briefly surpassed Apple to become the U.S. listed company with the highest market value. Microsoft's current market value is about 2.5 trillion U.S. dollars, while Amazon's is about 1.7 trillion U.S. dollars, lagging behind Google's parent company Alphabet's 1.9 trillion U.S. dollars.
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