Apple's market cap reaches $3 trillion

Just 16 months after it became a $2 trillion company, and Apple's market cap has reached $3 trillion. Apple achieved this success only three and a half years after reaching $1 trillion.

According to the report of Reuters, the pandemic was shown as the reason for the company to reach these figures. Apple products have been in high demand during the pandemic as more people work, learn and connect with others from home, remotely.

Apple CEO Tim Cook said in a note to employees that when Apple reached $1 trillion in 2018, that success was "not the most important measure of our success" and that financial returns were simply a result of Apple's innovation.