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Apple set to amass $3 trillion in market capitalization

Published by
Reuters

(Reuters) – Apple Inc looked set to touch $3 trillion in market value on Monday as its shares hovered around a new record high, bringing the iPhone maker within spitting distance of becoming the world’s first company to cross the milestone. Shares of the world’s most valuable company were down about 1% at $178.30 on Monday, following a stunning run over the past decade that was underpinned by the iPhone maker’s top-selling product launches and a fast-growing services business. The company’s stock needs to reach $182.86 to record $3 trillion in market value. Last week, Apple’s shares rose nearl…

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