Apple (AAPL) stock is inching higher on Tuesday after the Nasdaq-listed firm announced a flexible hardware-leasing program in the U.S. dubbed Apple Upgrade. As investors cheered the new initiative, launched in partnership with Klarna, Apple became the only company other than Nvidia (NVDA) to have hit $5 trillion in market cap.
With Apple shares hovering around $340, the iPhone maker is the world’s most valuable company at the time of writing.