The price of Apple shares is up over 2% during intraday trading on Wednesday, giving Apple a market capitalization of over $1 trillion.
Apple’s share price was up more than 2% during intraday trading on Wednesday, trading at one point at $222.34.
If the milestone holds, it won’t be the first time that Apple has had a market cap over $1 trillion. It first hit the mark in August 2018.
Apple isn’t the only $1 trillion technology company. Microsoft has a larger market cap than Apple at $1.04 trillion, during trading on Wednesday.
MacDailyNews Take: Currently, Apple’s market value stands at $1.004 trillion. Despite recent gains, Apple remains as least as undervalued as Microsoft is overvalued.