Apple is a $3 trillion company — again
The world’s most valuable company briefly crossed the $3 trillion mark on January 3rd, 2022, and today is the first time its market cap has reached that bar again, as individual AAPL shares showed a price above $192 soon after trading began on Friday.
In May, CEO Tim Cook reported an all-time high for its installed base of active devices, as well as “an all-time record in services and a March quarter record for iPhone.” That was despite other divisions like Mac and iPad showing results that were down from the previous year, and since then, the company has launched a new 15-inch version of the MacBook Air laptop.
Analyst Dan Ives of Wedbush Securities has...