The Market Value of "Apple" Exceeds $ 3 Trillion

  • International
  • 6 December 2023
1

Apple's market capitalization closed at around $3 trillion for the first time since August after its shares rose 2 percent to $193.42 a share.

Apple's value officially surpassed the $3 trillion mark for the first time in June and briefly touched $3 trillion in December 2022 during intraday trading. Apple's stock hit an all-time high on July 31 and remains the most valuable U.S. publicly traded company.

The iPhone maker's share price has risen more than 48 percent so far this year even as the company cuts its total share count through buybacks.

Source (Al-Arabiya.net Website, Edited)

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