Apple Regains $3 Trillion Market Cap After Increasing Share Value by 53%

  • Apple’s market cap has hit $3 trillion again, 18 months after first reaching the milestone and then declining.
  • The company’s 53% share increase this year pushed it back to record highs; aggressive stock buy-back also attributed to the re-attained value.
  • Strong revenue growth amidst pandemic, despite slowed momentum in 2022, brings renewed optimism for Apple in 2023.
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