New York (EFE).- Apple has exceeded 3 trillion dollars of capitalization this morning, a figure that, if maintained until the end of the day, would be a record for the technology company and the stock market.
To achieve this, the technology company must close the day this Friday, which ends at 4:00 p.m. local time (20:00 GMT), with its shares above $190.73.
The American company already momentarily touched that symbolic figure in January 2022, becoming the first company to achieve it, but until now it has never managed to close above that value.
At 10:45 local time (14:45 GMT) Apple shares rose 1.61% to $192.65 and its market capitalization stood at $3.03 trillion.
Apple’s performance on the stock market
Apple became the first US company to reach a trillion dollars in 2018, almost four decades after going public, and doubled that value in just two years thanks to the push of the covid-19 pandemic.
After falling last year, the price of the Californian company has recovered this year, in which it accumulates a rise of around 47.49%.
Apple’s recent increases respond to expectations that the Federal Reserve (Fed) will stop raising interest rates and the takeoff of artificial intelligence, two factors that have helped most of the technology sector.
This month, the manufacturer of the iPhone presented one of its new big bets, the “Apple Vision Pro” augmented reality glasses, with which it finally disembarks this promising field in which other Silicon Valley giants such as Meta have already invested heavily.
The specialized channel CNBC pointed out this morning that investors were optimistic regarding the shares of the technology giant and its portfolio of products and services despite the fact that the company warned in May that its income for the current quarter would fall by around 3 %.