Apple has become the first publicly traded company to end a trading day with a market value of $3 trillion. The company’s shares rose by 2.31% on Friday to reach a new high. This year, Apple’s stock has surged by nearly 46%, in stark contrast to the previous year when its market cap fell below $2 trillion. The achievement follows the recent launch of the Apple Vision Pro, an augmented reality headset that will be available for sale next year. Notably, Alphabet, Microsoft, Amazon, and Nvidia also have valuations exceeding $1 trillion.
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