Apple, whose stock is perched at a record high, is inching closer to becoming a $3 trillion company as Wall Street gets bullish on its future.
(Bloomberg) -- After a decades-long run as one of the world’s best-performing stocks, Apple Inc. is on the verge of reaching $3 trillion in market value. That’s bigger than the entire German equity market. Or the U.K. economy.Most Read from BloombergThe World’s Relentless Demand for Chips Turns Deadly in MalaysiaSand and Soldiers Mix as Troops Move In to Protect Cancun TouristsEven in the Metaverse, Not All Identities Are Created EqualThe $300 Billion Plan to Bring Green Power to China’s Megacit
It was a David v Goliath fight. Apple, the iPhone giant, was suing a tiny repair store owned by Henrik Huseby in the Norwegian town of Ski. The case had gone all the way to Norway’s supreme court.