Apple carved out its own slice of history earlier this week by becoming the first company to hit the $3 trillion mark.
The technology giant is one of the biggest multinational companies of all time alongside the likes of Coca Cola, and McDonald’s, but what they have achieved is unprecedented.
Reports showed that share values jumped up by nearly 4% after trade, and its market value reached $3tn earlier this month.
During the October to December period last year, sales jumped more than 10% to surpass the £92bn mark, which is nothing short of extraordinary.
The only major concern there has been has revolved around supply shortage, even though demand in China for Apple-based products continues to remain insatiable.
Reflecting on how things are looking in the short term with regards to supply constraints, Apple’s Chief Financial Officer Luca Maestri hasn’t seemed too worried.
He said: “The level of constraint will depend a lot on other companies, what will be the demand for chips from other companies and other industries.
“It’s difficult for us to predict, so we try to focus on the short term.”
Even back in October of last year, Apple’s CEO, Tim Cook, had expressed his fears about potential chip shortages.
He said: “Despite the uncertainty of the world, there is one thing of which I am certain: Apple will continue to improve every day and in every way to deliver on the promise of technology at its best.”
It’s fair to say that Apple has been a game-changer, and they have transcended the technology industry in a way that few companies have come close to emulating, let alone surpassing, over the past decade or so. More and more people are locking themselves into the Apple ecosystem to sync up their devices to carry out a range of every day tasks, whether it be using it for emails, streaming TV programmes, FaceTiming, or for gaming. In particular, many of the best NJ online casinos have an iOS app version and can be found in the Apple AppStore. Sites such as BetMGM and 888Casino are superb for mobile gaming, and they have brilliantly designed apps, which are very immersive, and they replicate the desktop-based version of the site.
Apple is showing no signs of slowing down anytime soon, and the popularity of their products is a testament to how well they have done.
Although as mentioned, there have been some fears about supplies over chips, Apple will only continue to go from strength to strength in the coming years, such is their superiority within the market.
Hitting the $3tn mark is nothing short of incredible, but is the sky the limit? Apple is only heading in one direction, and that is up. The Apple story has been tremendous so far, and we can’t wait to see the next chapter over the coming years, so watch this space!
