Apple breaches $3 trillion in market value again

Apple crossed $3 trillion in market value in early trading on Tuesday, January 4, before slipping, after the world’s most valuable company briefly hit the milestone a day earlier.

Apple contracts were the second most actively traded US stock options on Tuesday after Tesla, according to the Options Clearing Corp data as of 08:21 am ET. The contract with the highest open interest is January 20th call option with a strike price of $200, Refinitiv data showed. The pandemic fueled demand for iPhones, MacBooks, and iPads helped push the company’s market capitalization past $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.”

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple has become the world's first $3 trillion companyApple has reached yet another major milestone. The iPhone maker topped a market value of $3 trillion Monday — the first publicly traded company ever to be worth that much. nice n congrats
Source: CNN Philippines - 🏆 13. / 63 Read more »

Apple has become the world's first $3 trillion companyApple has reached yet another major milestone. The iPhone maker topped a market value of $3 trillion Monday — the first publicly traded company ever to be worth that much. nice n congrats
Source: CNN Philippines - 🏆 13. / 63 Read more »