Apple Becomes World’s First $3 Trillion Company
The impressive feat, which Apple achieved when its stock price reached the $182.86 mark, comes just 16 months after Apple became a $2 trillion company and less than three and a half years after Apple reached the $1 trillion mark.
Apple has reported strong earnings results since the start of the pandemic, as its products and services have been in high demand as more people work, learn, and connect with others from home. The company’s revenue is forecasted to top $118 billion in the current quarter, surpassing its all-time quarterly record of $111.4 billion set a year ago.
In a memo shared with staff when Apple hit the $1 trillion mark in 2018, Apple CEO Tim Cook said the achievement was “not the most important measure of our success,” adding that “financial returns are simply the result of Apple’s innovation, putting our products and customers first, and always staying true to our values.”
Apple will look to build upon its success in 2022, with a wide range of products rumored to launch, including at least five new Macs, a redesigned iPad Pro with support for wireless charging, a rugged version of the Apple Watch, second-generation AirPods Pro, an AR/VR headset focused on gaming, content consumption, and communications, and more.
Popular Stories
Kuo: AirPods Pro 2 to Feature Lossless Support and Sound-Emitting Charging Case
Apple’s second-generation AirPods Pro will feature support for Lossless audio and a charging case that can emit a sound for location tracking purposes, according to Apple analyst Ming-Chi Kuo.
In a note to investors, seen by MacRumors, Kuo explained that the second-generation AirPods Pro will feature new selling points that will lead to strong demand, including support for Apple Lossless…
Apple’s AirPods Team Wants ‘More Bandwidth’ Than Bluetooth Provides
Apple in October introduced the redesigned third-generation AirPods, which have an updated design, Adaptive EQ support, spatial audio, and other new features. To explain some of the design decisions Apple made with the AirPods 3, Apple’s vice president of acoustics Gary Geaves sat down for an interview with What HiFi (via 9to5Mac), providing some interesting insight into the limitations of…
5 Products Discontinued by Apple in 2021
Apple announced several new products this year, ranging from the colorful 24-inch iMac to four iPhone 13 models, but we also said goodbye to some other products. Below, we’ve recapped five products and accessories discontinued by Apple in 2021.
HomePod
In March 2021, Apple announced that it was discontinuing the full-sized HomePod in order to focus its efforts on the HomePod mini. At the…
Apple’s AirTag Item Trackers Increasingly Linked to Criminal Activity
Apple’s AirTag item trackers are increasingly being used to support criminal activity, according to recent reports from around the world.
AirTags, which use Apple’s Find My Network, can leverage nearby devices to transmit their location, providing bad actors with a new means of finding individuals and high-value cars. The relatively low price of AirTags, costing as little as $25 each when…
The Top 6 Apple Rumors From All of 2021
2021 was a whirlwind of a year when it came to Apple rumors. Many of the rumors this year turned out to be accurate, like the MacBook Pro getting a notch, but some failed to materialize, like the flat-edged Apple Watch Series 7.
With the year now drawing to a close, we thought it would be fun to look back at six of the biggest Apple rumors of 2021.
1. MacBook Pro With a Notch
Out of all…
Apple Watch’s Life-Saving Potential Highlighted in Suspenseful ‘911’ Ad
Apple today shared a new ad titled “911” that emphasizes the Apple Watch’s life-saving potential during emergencies.
The suspenseful ad revolves around three individuals named Amanda, Jason, and Jim who were each able to get help by dialing 911 using the Apple Watch, with the ad highlighting excerpts from their frantic phone calls with dispatchers. Amanda, for example, said that her car had…
