Apple is close to becoming earth’s first $3T company, as investors eye VR and iCars

Tim Cook-ing up a triple trillion… It took Apple over 40 years to reach a $1T valuation (in 2018). It took two more years to add another trillion. Just 16 months after that, it's now on the brink of a $3T valuation: Apple could reach that mark this week with its shares already up 35% for the year. Trailing: Microsoft is worth $2.5T, Google is hovering under $2T, and Amazon hasn't hit $2T yet. Driving the Fruit’s stock surge:

• Big growth: Apple is enjoying record sales and double-digit growth across categories, which helped profit soar 64% profit boost in the past year to a stunning $94B.
• iPhone sales, which make up over half of Apple's total, surged in 2021 as the 5G iPhone 12 and 13 fueled upgrades.
• Services (think: App Store, Apple TV+) notched record revenue last quarter as the pandemic continued to boost our scrolly-tappy ways.

Fruit Ninja on my Apple glasses... Apple's present is bright, but many analysts think its future could be brighter. Alongside continued growth from existing products, many analysts are upgrading Apple thanks to potential growth from products that may not even exist yet:

• iGlasses: Some analysts expect that Apple will launch AR headsets by late 2022. Think: sleek smart glasses that layer apps and info over IRL views.
• iCar: Apple's long-rumored self-driving-car project has hit many roadblocks, but it's reportedly finally on track to arrive by 2025.