Apple Soon First Trillion Dollar Company
Apple is riding high on glowing comments from legendary investor Warren Buffett — enough that experts say the iPhone maker could soon become the first company to touch a $1 trillion market capitalization.
Shares of Apple climbed nearly 1% to $185.16 on Monday afternoon, pushing its market cap to roughly $903.5 billion.
It marks a new all-time intra-day high for Apple, after it reached that milestone last week on the back of news that Buffett scooped up another 75 million shares in the first quarter.
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