Apple’s market cap is now higher than France, Italy’s economy; might soon beat India’s GDP

Apple’s stocks are through the roof as the current boom in IT companies has led the firm to its strongest yet financial position. Apple’s market valuation has now crossed the $3 trillion mark, becoming larging than the economies of all but the top six countries.

After a mega week on Wall Street, Apple’s shares dipped slightly on Friday when the markets closed, bringing the company’s complete market cap to $3.066 trillion. This market cap is larger than the economy of both Italy and France.

Apple’s market cap, after crossing USD 3.05 trillion, is only less than the GDP of six countries – US ($25.5 trillion), China ($18 trillion), Japan ($4.2 trillion), Germany ($4.07 trillion), India ($3.4 trillion), and the United Kingdom ($3.07 trillion), as per Business Insider.