Apple was the $3T company, but the crypto market is closer.
Hello everyone...
Yesterday Steve Jobs would be more than proud to see how his company has passed the $3 trillion market value. It was a long road, as it took the company almost 36 years to reach it, of course, it was not long as it was only for a few moments, because the value of the shares grew by 3% which led Apple to be the first company valued at $3T in history (except for the arms industry or drugs).
The shares of the technology company grew to $182,885, which led apple to take an important leap, this motivated by the main engine of apple which is the sale of its iPhones, which represent 29% of the total revenue of the company, and also in 2021 the shares grew by more than 40% and although at the moment the shares have a value of $18202, this will certainly be marked in history as the most profitable and valuable company of all time.
For example, Apple has taken advantage of the high demand for technology products generated by the pandemic, but this high demand is being threatened by a growing shortage of raw materials for the manufacture of chips and other products in the technology sector. In addition, apple's major competitors such as Google, Samsung, or Xiaomi, could take away apple's hard-earned title; in fact, these companies are also very close to achieving a market cap of $3T.
But if we make a comparison of the crypto market, we can realize that it is much closer to exceeding $3T and staying there and keep growing than any company in the world, of course, we must take into account that cryptocurrencies do not represent a company itself, but they do represent a great demand for the need in the world of a decentralized economy.
Considering all the growth in market cap and product development that the crypto space has had in 2021, we can see that it has not only had a growth of 40% but has surpassed that, accumulating growth of more than 300% in 2021 alone, and it seems that this growth will only continue to increase in 2022.
Also, cryptocurrencies and blockchain have other uses or products that can be very beneficial. In addition, the market dominance is largely dominated by the alts that bring with them hundreds of projects, and if we add the NFT market, we would already have a clear winner. So even if apple, google, Samsung, or some other company surpasses $3T in market cap, remember that cryptocurrencies have already done it and will surpass it in a big way.
Posted Using LeoFinance Beta
