ByTy Roush,
Forbes Staff.
Apple became the third company in history to be valued at $4 trillion, joining AI giant Nvidia and Microsoft as the only firms to reach the milestone, with Apple’s shares surging in recent weeks since unveiling its latest line of iPhones.
Shares of Apple rose as much as 0.4% Wednesday morning, briefly pushing the company’s market capitalization above $4 trillion for the first time.
Apple’s stock has since pared back earlier gains, falling from an all-time high of $269.20 to around $268.60 as of 11:35 a.m. EDT.
