Apple the US technology company has hit a milestone in becoming the worlds first company to reach a stock valuation of $3tn.
The prices of shares in the company have risen almost 6000% since the first iPhone was unveiled in 2007.
Apple stock has fluctuated over the years, however the pandemic has really allowed the company to soar as spending on tech rose drastically.
It has only been 16 months since the stock was valued at $2tn, those 16 months were all throughout the pandemic.
A lot of consumers took the pandemic as a good time to buy new technology, as they were unable to spend it on holidays.
Back in August of 2018 Apple was the first company to hit a valuation of $1tn.
The iPhone is usually accounting for half of company sales, however the Mac computers an iPad sales have increased in the past few years.
Apple has also recently branched out into subscription services with their own version of Netflix.
The valuation of the services Apple offers, not just television is expected to be half of the companies current value.
