Technology

Apple Becomes First US Company To Reach $3trn Valuation

The Apple logo is seen at the entrance of an Apple store in Washington, DC,.

Apple became the first US company to hit $3 trillion in market value on Monday, briefly reaching the landmark in the latest demonstration of the tech industry’s pandemic surge.

The iPhone maker scaled the record level near 1845 GMT before slipping back slightly. The tech giant also was the first US company to hit $2 trillion in August 2020, during a pandemic that has stoked demand for personal electronics.

More to follow . . . 

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