(NASDAQ: AAPL) became the first publicly traded U.S. company to hit a $1 trillion market cap in August 2018. It also became the first to cross the $2 trillion mark in August 2020, and the first to reach the $3 trillion milestone in January 2022.

Apple's market cap is still hovering near the $3 trillion mark as of this writing, but could it maintain its biennial tradition and hit a $4 trillion market cap by 2024? Let's review its past growth, projected growth rates, and valuations to decide.

Image source: Apple.

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Source Fool.com