On Monday, Eastern Time, Apple's opening share price rose sharply, once rising to $182.88, and the company's market value exceeded $3 trillion for the first time, making Apple the first company in the world to achieve this achievement. Since Steve Jobs, the late former CEO of Apple, launched the first iPhone in January 27, Apple has had several record-breaking quarters of growth in all its product lines. Wall Street news mentioned earlier that although Apple's performance in the fourth quarter was lower than expected, it recorded revenue of $83.36 billion in the final quarter of fiscal year 221, up 29% year-on-year, reaching the highest level in the company's history in September.

Apple's share price rise is largely due to the iPhone smartphone business. It has completely changed the entire smartphone industry and is still the main source of profit for Apple. At the same time, Apple's other businesses continued to maintain a strong momentum, and its service and Mac business revenues both reached record highs in the fourth quarter of 221.

behind the market value of $3 trillion, there are bubbles in American technology stocks, and it also shows investors' expectation that Apple can develop the next hot product. However, Apple still faces the problem of relying too much on iPhone sales.

Apple's fourth-quarter results show that all categories of the company have achieved annual growth, with revenue increasing by 29% year-on-year. Although the iPhone is still Apple's largest sales engine, its service business also achieved a year-on-year growth of 25.6%, with revenue exceeding $18 billion in the quarter.

Ming-Chi Kuo, an analyst at p>TFI Asset Management, said in a report on Monday that Apple sold 27 million copies of the latest AirPods during the holiday, which promoted the growth of Apple's wearable device business by 2% year-on-year.

For investors, in the face of recent market uncertainty, Apple has also become a safe haven for investors because of its strong financial statements and cash flow, because Apple uses these funds to invest in new products, share repurchase and return capital to shareholders through dividends.

of course, the former FAAMG company is not far behind. Microsoft's market value is about $2.5 trillion, Google's market value is slightly less than $2 trillion, and Amazon's market value is about $175 million.