On Monday, the first stock market opening of 2022, Apple ($AAPL) became the first company in the world to briefly hit $3 Trillion in market capitalization.
Just about 3.5 years ago, in mid-2018, Apple obtained the title of the first company to break the $1 Trillion barrier. Then it was valued at $2 Trillion just 2 years later, and tripling in under four years. For Apple to hit $4 Trillion, the company's stock prices would have to rise 35%. Earlier this year, Apple had been surpassed by Microsoft ($MSFT) earlier this year in October for a period of time, which many analysts have said was due to supply chain issues.
Apple is projected to grow even more in 2022, with a wide range of products expected to be released. With possibly up to 5 Macs, inluding a new iMac Pro, MacBook Air, Mac Mini, MacBook Pro, and Mac Pro.
An Apple AR VR headset is also in the leaks, followed by a second generation AirPods Pro, a new iPad lineup, and potentially a second Apple Watch SE. And of course, there's also the new iPhone 14 lineup.
If most of these leaks become reality, we could see another good fiscal year for Apple.