Wolf of Wall Street: Apple becomes the first company to hit a stock market valuaiton of $3trillion

Apple, US technology giant, has become the first company to hit a stock market valuation of $3tn ( £2.2tn). 

Cupertino, California-based Apple whose had been one of the big winners of the pandemic, as coronavirus lockdown prompted a spending spree on gadgets. Their share prices has risen by around 5, 800 per cent since co-founder and former CEO Steve Jobs unveiled the first Iphone in 2007.

Within the last 16 months Apple stock market valuation leaped from $2tn to $3tn, which became the first company to hit a stock market valuation of $1tn in August 2018.

In November, the original Apple computer built by Mr Wozniak and Mr Jobs fetched $400, 000 at an auction in the US.