Apple, a global technology powerhouse based in the United States, ended trading on Friday with a market value of $3 trillion.
According to CBS, Apple is the first business in modern history to achieve this feat.
The 47-year-old technology company’s shares ended the day up 2.3 percent at $193.97, raising its market value to $3.04 trillion.
Apple made a similar achievement in 2022, but it couldn’t hold it at the market’s peak.
The surge comes after the introduction of Vision Pro, a product that immerses users in virtual reality worlds.
With the development, Apple, along with other major firms like Microsoft and chipmaker Nvidia, helped propel the S&P 500 to a gain of almost 16% in the first quarter of 2023.