Friend-of-the-blog Daniel Tello points out in his twitter feed that as of Jan. 3, Apple’s market value was still $11.8 billion short.
Widely reported $AAPL $3 trillion cap on Jan 3-4 based on Q4 (Sep) share count, but yesterday’s proxy materials disclose that as of Jan 3 there’s 72m fewer shares and the 3T price nudged to $183.662, still unmet.
From Apple’s Jan. 4, 2022 Definitive Proxy Statement:
As of the Table Date, 16,334,371,000 shares of Apple’s common stock were issued and outstanding. Unless otherwise indicated, all persons named as beneficial owners of Apple’s common stock have sole voting power and sole investment power with respect to the shares indicated as beneficially owned.
My take: Count me among the journalists who failed to do their due diligence.