Apple share price hits record high, market value nears $3 trillion

Apple’s stock price closed at a record high of $189.25 on Wednesday, while its market valuation was recorded at $2.98 trillion. Apple is yet to end a trading session with a share market value above $3 trillion. It briefly crossed the $3 trillion mark in intra-day trading on January 3, 2022. Notably, Apple's share price has rallied 46% in 2023.