The market value of the American technology giant Apple exceeded $4 trillion for the first time.
After the US markets opened, the company’s shares quickly rose 0.4% to $269.87 and reached a record high.
Thus, the company’s market value briefly exceeded $4 trillion, and Apple became the third company behind Nvidia and Microsoft, which achieved the same milestone.
The company’s shares were trading at $268.62 Turkish time at 5:30 p.m., with its total market value down to $3.99 trillion.
Analysts said Apple’s recent rally was driven by strong demand for its latest smartphone model released in September.
On Thursday, after the market close, the company will release financial results for the fourth quarter of fiscal 2025.