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Apple has become the first US company to hit $3 trillion in market capitalisation
The tech giant has praised investor confidence that the iPhone maker will keep launching best-selling products.
The company is exploring new markets such as automated cars and the metaverse.
On the first day of trading in 20-22, the company’s shares hit a record of $182USD in mid-day trading.
It’s the first to reach the milestone as investors bet that consumers will continue to shell out top dollar for products.
Apple now accounts for around 7 percent of the S&P 500, which is up from as little as 5 percent in June and back in line with where it started 2021.
