Apple is about to become the world's first $3 trillion company .

Tech giant Apple is on the verge of yet another massive milestone. It is inching closer to reaching the $3 trillion market value mark which will make it the world’s first publicly-traded company to be worth that much.

On Monday (13th Dec 2021), the market value of Apple was just shy of the massive $3 trillion mark. The shares of Apple (AAPL) closed at $175.74 on Monday, and it needs to hit about the $182.85 mark for Apple to surpass the $3 trillion mark.

In the last week, Apple’s stock rose about 11%, extending its more than 30% year-to-date gain as investors continued to remain confident that the flush of consumers will continue to pay top dollar for Apple products, including iPhones, MacBooks and for its services such as Apple TV and Apple Music.

Sales surged nearly 30% to more than $83 billion in Apples most recent quarter, which ended in September .The company has a whopping $191 billion in cash as well .

But before long, Apple may have some company in the $3 trillion club. Microsoft is now worth about $2.6 trillion and Google owner Alphabet's Market value is right around $2 trillion. Still giant but further behind are Amazon which has a market cap of $1.7 trillion, and Elon Musk's Tesla worth $1 trillion .