Apple joins Nvidia in $5T club with record close
Nikada
- Apple (AAPL) crossed the $5T market value milestone on Wednesday, becoming the second company to do so and marking the culmination of Tim Cook’s tenure while setting a high bar for incoming CEO John Ternus.
- The iPhone-maker’s shares closed at a record, just enough to push the company’s market capitalization into territory that only Nvidia (NVDA) occupies.
- Apple’s market value has surpassed $5T six times previously during intraday trading, but it had never closed above that level, which it squeaked past on Wednesday, ending the day at $5.005T, according to Dow Jones Market Data.
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