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Apple Is Now a $3 Trillion Company

Apple Inc. is on the verge of becoming the first company to ever close with a market value of $3 trillion, the latest sign of big tech’s seemingly unstoppable dominance on Wall Street. The stock gained during Friday’s session pushing the market cap to $3.01 trillion. Mark Gurman reports. ——– Like this video? Subscribe to Bloomberg…

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Apple Inc. is on the verge of becoming the first company to ever close with a market value of $3 trillion, the latest sign of big tech’s seemingly unstoppable dominance on Wall Street. The stock gained during Friday’s session pushing the market cap to $3.01 trillion. Mark Gurman reports.
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21 Comments

21 Comments

  1. viluxmoi

    June 30, 2023 at 3:04 pm

    not overvalued at all????

  2. Selim Güre

    June 30, 2023 at 3:29 pm

    How you managed to make nearly an entire planet of humans believe in the religion of numbers is beyond my understanding.

    • mikelmb lmb

      July 2, 2023 at 4:27 am

      Because numbers don’t lie. Numbers are the ultimate truth

  3. Swae P

    June 30, 2023 at 3:42 pm

    30 % Dip Opportunity..* XOS Large EV Trucks Global Leader…Nasdaq 180 day Extension Granted June 27 th to Reach $ 1 share Price…EVTOL Jets Flying Higher in June…* BLDE….Blade…* LILM… Lilium Electric Jets…* ACHR.. Archer….* JOBY. Loading EV Sector Dips to Maximize Future Gains. ?

  4. Thomas

    June 30, 2023 at 4:05 pm

    Hurray another bubble!

  5. Frédérick Pétrin

    June 30, 2023 at 5:48 pm

    the apple vision google are really at the minimal spec of making it able to come up with a interesting product. CPU, battery, display, camera, wifi and mobile network speed, are all tech that are incrementally increasing, but honnestly a 25% better camera, display or cpu on a mobile doesn’t do that much, but on the apple vision headset it could end up being a magical disruptor of phone, camera, tablet laptop and the like by 2027. It probably gonna get no only better but ligther each yeah.

  6. Abel W

    June 30, 2023 at 6:07 pm

    Apple???? ????????????.

  7. Alexander Job

    June 30, 2023 at 10:23 pm

    The products are free

  8. Wtjanaafja

    June 30, 2023 at 10:23 pm

    The products are free

  9. Sid Essel

    July 1, 2023 at 4:01 am

    Didn’t they already hit 3 trillion a couple of years ago?

    • Jupiter James

      July 1, 2023 at 2:00 pm

      Only intraday. Didnt close at 3T

  10. EazyVG

    July 1, 2023 at 9:54 am

    The true definition of “overvalued”.

  11. EazyVG (EazyVG)

    July 1, 2023 at 9:54 am

    The true definition of “overvalued”.

  12. Anthony

    July 1, 2023 at 10:41 am

    It took Apple Apple 44yrs to hit 1 Trillion and only took 2yrs to hit 3 Trillion!????????????????????

  13. manonamission2000

    July 1, 2023 at 10:53 pm

    Great coverage by Gurman as usual

  14. Karol Pelc

    July 2, 2023 at 6:38 am

    People buy anything that Apple sells. I love it as a shareholder.

    • Selim Güre

      July 2, 2023 at 9:36 am

      How many shares do you hold?

  15. Steve Harvey

    July 2, 2023 at 6:43 am

    Forest Gump must be doing really well.

  16. Qrissy

    July 3, 2023 at 11:08 pm

    I would really like to sue Apple. For the slippery motherfucking phone they make. I can’t keep this fucking thing in my hand it slips out of my hand constantly that’s why they’re always fucking breaking it cost me hundreds of dollars I hate the slippery motherfucker it just slipped out of my hand and hit me in the face I wanna Suzies motherfuckers

  17. tyler alfelor

    July 4, 2023 at 4:23 pm

    Nokia ????
    Why are we ignoring this 5g giant ????

  18. Peter

    July 4, 2023 at 5:19 pm

    learn how to wear proper shoes with a suit child

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Joby Tests Air Taxis Between JFK Airport and Manhattan

Joby Aviation is flying electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft in a city weary of noise pollution. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed…

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Joby Aviation is flying electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft in a city weary of noise pollution.
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OpenAI Drops Exclusivity Deal with Microsoft | Bloomberg Tech 4/27/2026

Bloomberg’s Ed Ludlow discusses Microsoft’s and OpenAI’s decision to drop exclusivity rights on AI models in a move that opens the doors for the rivals to make new deals. Plus, China blocks Meta’s $2 billion purchase of AI startup Manus. And, the feud between Elon Musk and Sam Altman heads to court with the Tesla…

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Bloomberg’s Ed Ludlow discusses Microsoft’s and OpenAI’s decision to drop exclusivity rights on AI models in a move that opens the doors for the rivals to make new deals. Plus, China blocks Meta’s $2 billion purchase of AI startup Manus. And, the feud between Elon Musk and Sam Altman heads to court with the Tesla CEO alleging OpenAI abandoned its founding mission.

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00:11:28 – Chip Stocks Slide, Imperiling Record 18-Day Rally
00:17:20 – Meta, Microsoft Trim Workforce Amid Heavy AI Spend
00:33:37 – China Blocks Meta’s $2B Purchase of AI Firm Manus
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Big Job Cuts Come Ahead of Big Tech Earnings

Microsoft and Meta have announced plans that could reduce their workforces by thousands ahead of releasing their quarterly earnings later this week. Sarah Franklin, CEO of the human resources platform Lattice, says “Tokenmaxxing”, AI use and large job cuts aren’t the right things to focus on to free up capital. She joins Ed Ludlow on…

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Microsoft and Meta have announced plans that could reduce their workforces by thousands ahead of releasing their quarterly earnings later this week. Sarah Franklin, CEO of the human resources platform Lattice, says “Tokenmaxxing”, AI use and large job cuts aren’t the right things to focus on to free up capital. She joins Ed Ludlow on “Bloomberg Tech.”
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