On the first day of trading in 2022, the company’s price rose to a record USD 182.88 per share. Thus, the Apple concern has become the most valuable company in the world, with market capitalization of $ 3 trillion.
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Paid services
Apple achieved such a high valuation thanks to the conviction of investors that the iPhone manufacturer will continue to introduce the best-selling products to the market, exploring new markets such as automated cars and metaverse.
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Investors assume consumers will continue to pay high prices for the company’s products and services such as Apple TV i Apple Music.
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One trillion dollars in 16 months
To the level the most valuable company in the world the American giant came in just 16 months. Just over a year ago, the company was worth $ 2 trillion.
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Share price it grew during the pandemic incl. because the demand for paid services provided by the technology giant has increased.
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Analysts expect the demand for iPhone’y will remain strong in 2022 because Apple is a leader in the Chinese smartphone marketand more and more consumers are subscribing to its services.
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