SAN FRANCISCO, Jan 5 ― Apple Inc's stock market value peaked yesterday for a second day above a US$3 trillion , but the iPhone maker's shares again failed hold that gain by the session's end.
On Monday, Apple's stock market value rose briefly above US$3 trillion for the first time ever, and it repeated that again yesterday before losing ground. The world's most valuable company has yet to end a session at that level. Surging demand for iPhones, MacBooks and iPads during the pandemic helped push the Cupertino, California company's market capitalisation past US$2 trillion in August 2020.
“You know there's going to be buying,” Silverblatt said. “From an investor point of view, it's very important.”
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