As of January 3, 2022, Forbes reported that Apple was worth $3 trillion. Making it the first-ever company to attain a market value of $3 trillion. A report made by Zachary Snowdon Smith of Forbes mentioned that the Apple Inc. market made an additional $1 trillion in a span of 16 months.
This sudden rise was as a result of a 40% increase in IPhone and its accessory sales over the past month. The closest to Apple`s market price is Microsoft which was estimated at the end of 2021 to be valued at $2.53 trillion. Followed by Alphabet; the parent company of Google which is estimated to be worth around $1.92 trillion.
Who Is More Rich Google Or Apple?
Apple Inc. is, therefore, richer than Google and currently holds the highest market value in the entire world with $3 trillion. The increasing demand for the IPhone and the MacBook made all this possible. It’s safe to say that Apple`s net worth is bigger than a lot of countries Gross Domestic Product (GDP)