Checkout the products Apple will offer in 2022

Apple Inc is now worth $3 trillion the first and only Corporate in the world to reach this number. It has touched this new milstone just  16 months after becoming the first company valued at $2 trillion. 

The iPhone maker ability to keep up the unprecedented growth of the past 15 years could be one reason for scaling these heights. In its last fiscal year ended Sept. 25, Apple delivered 33% revenue growth to $365.8 billion thanks to strong demand for 5G iPhone upgrades.

Apple shares rose as much as 3% to trade at $182.88 in afternoon trading in New York before paring some of its gains. Since a low hit in early October, Apple has added about $700 billion to its market capitalization.

Apple’s dramatic growth has been reinforced by the rising I IPhone sales, which have increased almost 40 times over the last 12 months, as per a report in the New York Times. 

Apple has many upgrades in the pipeline for 2022 included upgraded air pods, I Phone 14, and a virtual reality headset with Augmented Reality features. Experts are predicting the release of an Apple Car by 2025 to further company's growth. 

Apple’s closest rivals are Microsoft valued at $2.53 trillion at the end of 2021, Google parent company Alphabet, valued at $1.92 trillion, and Amazon, valued at $1.69 trillion.

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