Apple's market value ends above $3 trillion for first time | Technology News,The Indian Express
Apple has surged 49% so far in 2023 in a rally by several of Wall Street's most valuable companies.
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Apple has surged 49% so far in 2023 in a rally by several of Wall Street's most valuable companies.
(Reuters) -- Apple's stock market value ended a trading session above $3 trillion for the first time on Friday, lifted by signs of improving inflation
It was Apple's fourth straight record high close. The Cupertino, California company's market capitalization briefly peaked above $3 trillion in intraday trading on Jan. 3, 2022 before closing the session just below that mark.
It was Apple's fourth straight record high close. The Cupertino, California company's market capitalization briefly peaked above $3 trillion in intraday trading on Jan. 3, 2022 before closing the session just below that mark.
(Reuters) -Apple Inc's market value on Friday breached the $3 trillion mark for the first time since January last year, lifted by signs of improving inflation and bets that the iPhone maker will successfully expand into new markets. Shares of the world's most valuable company jumped 1.8% to an intraday record high of $193.03, giving it a market capitalization of $3.035 trillion, Refinitiv data showed. The Cupertino, California-based company's market cap briefly peaked above $3 trillion in intrad