Is Apple's $3 Trillion Market Value Based on Innovation or Speculation?

Apple Becomes First Company to Hit $3 Trillion Market Value. The iPhone maker's value tripled since 2018 as its sales continued to soar, and it spent hundreds of billions of dollars on its own stock. There once was a time when a $1 trillion valuation for a public company was considered historic. And it was. But $1 trillion is so 2018. Seriously, what's $1 trillion when Apple is worth three times that? Firstly, I talked about how much Is $3 trillion. How did Apple become a trillion-dollar company? How is apple stock price skyrocketing?