Apple’s Market Value Ends Above $3 Trillion for First Time

Apple’s Market Value Ends Above $3 Trillion for First Time
An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York on July 21, 2015. Mike Segar/Reuters
Reuters
Updated:

Apple Inc’s stock market value ended a trading session above $3 trillion for the first time on Friday, lifted by signs of improving inflation and bets that the iPhone maker will successfully expand into new markets.

Shares of the world’s most valuable company jumped 2.3 percent to $193.97, giving it a market capitalization of $3.05 trillion, Refinitiv data showed.