Apple Hits Record $3 Trillion Market Value

On Friday, Apple’s market capitalization closed above $3 trillion for the first time ever, driven by a 2.31% increase in its shares, CNBC reports.

While Apple briefly reached this milestone in January 2022 during intraday trading, it failed to close at that level.

Despite a projected 3% revenue decline for the current quarter, investors maintain confidence in Apple’s portfolio of products and services.

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