On the first day of trading in 2022
The Silicon Valley company’s shares hit an intraday record high of $182.88, putting Apple’s market value just above $3tr. The stock ended the session up 2.5 per cent at $182.01, with Apple’s market capitalization at $2.99tr.
The world’s most valuable company reached the milestone as investors bet that consumers will continue to shell out top dollar for iPhones, MacBooks and services such as Apple TV and Apple Music.