Premium Industrial News

With Record Market Cap, Apple Plows Funds into Projects

With Record Market Cap, Apple Plows Funds into Projects


Industry Segment: Industrial Manufacturing | Word Count: 593 Words

SUGAR LAND--January 6, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--It's official. Earlier this week, Apple Incorporated (NASDAQ:AAPL) (Cupertino, California) became the first U.S. company to hit a market capitalization of $3 trillion. The record-breaking event occurred when Apple's share price passed the $182.86 mark on Monday. According to financial news media, the milestone comes less than two years after its market cap hit $2 trillion. Apple seems intent on growing its value even further by plowing money into additional projects to grow the company. Industrial Info is tracking $4.9 billion in active Apple projects in the U.S., Ireland and Denmark.

This Premium Article can be purchased individually or as part of a subscription

Subscribe Now!(All Fields Required)

Subscription Type:

  • Pay-Per-Article - $5.95
  • Annual Premium News Subscription - $365.00
Pricing Help?