Apple Inc. scripted history as the company’s market cap briefly passed $3 trillion on Monday more than a year after it surpassed the $2 trillion mark and three years after eclipsing $1 trillion.
Apple’s huge success is due in large part to the iPhone and iPad, which revolutionized the smartphone and tablet industries respectively and remain a cash cow, even today, for the company. But Apple continues to see strong momentum in its other businesses as well, with its services and Mac divisions reporting all-time highs in its Q4 2021 earnings.
