Apple races past $4 trillion market value as new iPhone models revitalise sales
Apple topped $4 trillion in market value for the first time on Tuesday, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race.
The stock was last up 0.2% at $269.2 in early trading, hitting an all-time high.
Apple’s shares have gained about 13% since the new launches on September 9, in a remarkable turnaround that pushed the stock into positive territory for the first time this year.
