:Apple Inc crossed US$3 trillion in market value in early trading on Tuesday before slipping, after the world's most valuable company briefly hit the milestone a day earlier.
Apple contracts were the second most actively traded U.S. stock options on Tuesday after Tesla Inc, according to the Options Clearing Corp data as of 08:21 a.m. ET. The contract with the highest open interest is Jan. 20th call option with a strike price of US$200, Refinitiv data showed. The pandemic fueled demand for iPhones, MacBooks and iPads helped push the company's market capitalization past US$2 trillion in August 2020 and add another trillion 16 months later.
"The next big product breakthrough is nowhere near. It's going to be a lot harder for Apple to get to four and five trillion than it was for it to go from two to three."
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