Apple becomes first US company to reach US$3tril valuation


Apple became the first US company to hit US$3tril in market value, as tech companies saw their profits soar during the pandemic. — REUTERS

Apple became the first US company to hit US$3tril (RM12.56tril) in market value, briefly reaching the landmark on Monday in the latest demonstration of the tech industry's pandemic surge.

The iPhone maker scaled the record level near 1845 GMT, reaching US$182.88 (RM765.54) a share before slipping back slightly.

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