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Apple closes above $US3 trillion milestone for first time

Matt Turner and Ryan Vlastelica

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Apple made Wall Street history as the first company with a market value more than $US3 trillion ($4.5 trillion), the latest sign of big tech’s seemingly unstoppable dominance in equity markets.

The iPhone maker gained 2.3 per cent on Friday (Saturday AEST), adding to a rally that’s added more than $US983 billion to its size this year and leaving it roughly a half-trillion dollars above the next-largest company.

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    Original URL: https://www.afr.com/markets/equity-markets/apple-s-reaches-us3-trillion-milestone-20230701-p5dkyj