Apple’s market value hits $3tn

Bisola David
Bisola David
Apple's market value hits $3tn

A $3 trillion market value was achieved by the US-based global technology corporation Apple on Friday.

According to CBS, shares of the 47-year-old technology company ended the day up 2.3% at $193.97, bringing its total market worth to $3.04 trillion.

Apple is the only company in recent times to accomplish that achievement even though Apple accomplished a comparable accomplishment in 2022, but was unable to maintain it at market closing.

The surge follows the release of Vision Pro, which immerses users in created environments known as virtual reality.

With the development, Apple, along with other IT firms like Microsoft and chipmaker Nvidia, contributed to the S&P 500’s over 16% increase in the first quarter.


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