Apple surpasses $3 trillion valuation, outgrowing France’s GDP and India’s entire stock market

  • Apple’s $3 trillion valuation places it as the highest valued company globally, larger than France’s GDP and double the size of India’s stock market.
  • Apple’s size is supported by its sales of tech products within its vast ecosystem, making it hard for customers to switch to competitors; it’s on track to generate $400bn in revenue and $100bn in profit annually.
  • Even Apple’s AirPods alone, part of the overall business, could be a Fortune 500 company based on its estimated annual revenue.
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