Apple is closer to the market value of $ 3 trillion, according to Reuters
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(Reuters) – Shares of Apple Inc. (NASDAQ 🙂 rose 1% on Monday, pushing the iPhone maker to a market price of more than $ 3 trillion.
Shares of the company rose about 1% to $ 181.12 on Monday, reaching a low of less than $ 2. Last week, Apple’s shares rose nearly 11% and were record-breaking in four sessions.
Shares of Apple have risen this year as investors remain confident that consumers will continue to pay the highest dollar for services like iPhone, MacBook and Apple TV and Apple Music.
When Apple reaches the milestone, Microsoft Corp. (NASDAQ 🙂 would be the only company to cross $ 2 trillion club, while Alphabet (NASDAQ :), Amazon (NASDAQ 🙂 and Tesla (NASDAQ 🙂 have crossed $ 1 trillion.
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