Apple is worth $3 trillion, again!

Market cap is bigger than the entire GDP of Great Britain.

Author

Leander Kahney
June 30, 2023

Apple’s share price has been on a roll this year, jumping nearly 50% and making it the most valuable company in the world. Today, its market cap once again surged past the $3 trillion mark.

That makes Apple's value greater than the $2.76 trillion GDP of the entire United Kingdom, one of the biggest economies in the world. 🤯

To try and wrap your mind around the numbers, consider this:

  • 1 million seconds = 11 days

  • 1 billion seconds = 31 years

  • 1 trillion seconds = 31,700 years!!!!

🤯🤯🤯🤯🤯🤯

I think even Steve Jobs would be surprised at the level of Apple’s success.

Also in today’s newsletter:

— Leander Kahney, EIC.

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One more thing ...

❝

So that’s our approach. Very simple, and we’re really shooting for Museum of Modern Art quality. The way we’re running the company, the product design, the advertising, it all comes down to this: Let’s make it simple. Really simple.

— Steve Jobs, 2011.

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