Apple Reached a Value of 3,000 Billion Dollars  

Apple Reached a Value of 3,000 Billion Dollars   

The American technology company Apple became the first corporation in the world to reach a value of over 3,000 billion dollars at the close of the stock exchange.

As the Wall Street Journal writes, that result reflects the enduring influence of the iPhone, the smartphone that continues to transform life and commerce around the world, reports Beta.

Apple, born in a garage in California as a computer company, is now worth twice as much as its old rival Google and seven times more than the oil giant Exxon Mobil, which was the most valuable company in the world for years.

Apple shares have risen this year due to new demand in emerging markets such as India and with a new device after several years, AR glasses Vision Pro. The $3,499 device combines virtual reality with the ability to insert digital content into the real world.

Since the beginning of the year, the value of Apple shares has increased by almost 50 per cent.

It took the company 42 years to reach a value of one thousand billion dollars in 2018 and then another two years to reach $2 trillion. It took another three years for the new record of $3,000 billion.

In January 2022, Apple briefly crossed the $3 trillion market cap during the day but only held above that once the stock market closed.

Apple Introduced a New Augmented Reality Device that Costs $3,499

After seven years of development, the augmented reality device of the American corporation Apple has finally been presented. Vision Pro merges virtual reality with the real world. The system focuses more on augmented than virtual reality, and the company introduced the new paradigm of “spatial computing”.

The company’s CEO, Tim Cook, announced that the Vision Pro device, with its unrestricted screen, will go on sale at the beginning of next year for $3,499 (about 3,260 euros).

Eyes, hands and voice control the Vision Pro; using gestures, users can interact with apps, videos and photos, offering a huge screen for all content. Users can use it to play video games and watch 3D movies.

It’s a way of interacting with a computer’s user interface—something the company calls a type of input device similar to a mouse or touchpad. The device is surprisingly similar to earlier render leaks.