Apple becomes richest company in the world, with $3 trillion market value.

By Our Reporter.

The hottest gist in the business world today is that Apple Inc, maker of iPhone, iPad and other quality gadgets has reached the market of $3trillion, making it the richest company in the world.
According to REUTERS, It's the first company in the world to reach that market value.

"The iPhone maker's advance was among the most eye catching in a month marked by investor interest in the potential of artificial intelligence, with share buyers also particularly favouring companies with strong balance sheets and cash flows.

"Apple's most recent quarterly report in May showing its revenue and profits beat analysts' expectations, and its track record of stock buybacks, reinforced its reputation as a safe investment during global economic uncertainty." Reuter reported.