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The Economic Times
The Economic Times
Business

Apple briefly tops $5 trillion in market value, second after Nvidia; unveils iPhone leasing scheme

Apple Nvidia

Apple’s market value briefly topped $5 trillion for the first time on Tuesday, making it the second only company to reach the milestone after Nvidia, according to a Reuters report.

Shares climbed as high as $342.89, lifting Apple’s valuation to $5.036 trillion. The stock later pared gains, and was trading 0.2% higher at $337.70, giving the company a market capitalisation of about $4.96 trillion.

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