Apple had a great day in the stock market on Wednesday, with its market capitalization once again surpassing the $3 trillion mark. But chip-maker Nvidia had an even better day and passed Apple’s market cap for the first time ever.
The result is that Apple, which spent years as the world’s most valuable publicly traded company, is now in third place. To see how Apple’s apple market cap has evolved over time, check out this detailed analysis.
UPDATE June 6: The funny part about stocks is they go up and down. The market capitalization of both Apple and Nvidia dropped below $3 trillion on Thursday. But NVDA dropped even more so AAPL is once again the second most valuable publicly traded company behind Microsoft.