APPLE HITS $3T MARKET VALUE
Apple has become the first U.S. company to hit a market value of $3 trillion during intraday trading.
Apple briefly achieved the milestone Monday when its share price reached $182.86, before later closing at $182.01.
The company, which has tripled its valuation in less than four years, showed growth across all of its products during its fourth-quarter earnings, with revenue up 29 percent year-over-year, CNBC reported.
Apple’s services business grew to 25.6 percent over a year-to-year span and delivered more than $18 billion in revenue during the quarter.