Which company has become the first company in the world to cross $3 trillion in market capitalization in January 2022?

Which company has become the first company in the world to cross $3 trillion in market capitalization in January 2022? Correct Answer <span style="color: rgb(77, 81, 86); ">Apple Inc.</span>

The correct answer is Apple Inc.

Key Points

  • Apple Inc on January 3 became the first US company to hit $3 trillion in market capitalization.
  • On the first day of trading in 2022, the company's shares hit a record of $182.88 in mid-day trading.
  • The world's most valuable company is the first to reach the milestone.
  • Tim Cook is the current CEO of Apple company.
  • Apple shared the $2 trillion market value club with Microsoft Corp.

Additional Information

  • ​Microsoft Corp. has surpassed Apple Inc. to become the world’s most valuable publicly-traded company by market capitalisation.
  • Apple’s co-creator Steve Wozniak has launched a new space start-up called Privateer Space, bringing potential competition to a field dominated by billionaires Elon Musk, Jeff Bezos, and Richard Branson.
  • Apple is the world’s most valuable company (USD 2,443 billion) according to the Hurun Global 500 Most Valuable Companies list 2021.

Related Questions

Which of the following has become the ninth public sector entity to join the elite club of ₹1 trillion market capitalization (m-cap) with its shares surging over 300% so far in 2021?
The question given below consists of a statement, followed by three arguments I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: The domestic equity market has become supervolatile  and converted the psychology of every market participant into fear. Greed and fear continue to alternate in the market, like the two sides of a coin. To a seasoned player, there seems to be nothing new as such instances of panic-selling often occur time and again. Why? Arguments: I. Since demonetisation, herd mentality had jacked up financials, banks and NBFC stocks to great heights on the pretext of financial inclusion and formalisation of the economy. This caused the financials gain disproportionate share in Nifty50 at 35 per cent of the free float market capitalisation, which was unheard of in the past.  II. The domestic market seems to be deeply oversold and can rebound on any good news. The Nifty50 has taken long-term support at the three-year trend line, which makes a case for the correction to near its end. III. Investors, therefore, should not panic and sell off shares. Instead they should do the reverse and gather the courage to pump in more money into the market by picking quality stocks or investing in ETFs for more stable returns.