Apple Inc is within striking distance of a $3 trillion market capitalization, a milestone that would make it as big as the world’s fifth-largest economy after Germany, just over a year after breaching the $2 trillion mark.
Shares of Apple were up 1.6 percent at $174. They need to trade at $182.85 to hit the mark and cap a strong rally that has been powered by investors betting on its brand and viewing it as a comparatively safe haven.