June 28 (Reuters) - Apple's (AAPL.O) stock climbed to an intra-day record high on Wednesday, and was on the cusp of ending the session for the first time with a market capitalization above $3 trillion.
With the stock last trading off that session high, up 0.4% at $188.81, the iPhone maker's stock market value stood at $2.97 trillion, according to Refinitiv data.
Reuters GraphicsApple's stock market value briefly peaked above $3 trillion in intra-day trading on Jan. 3, 2022 before closing the session just below that mark.
Apple has jumped 46% in 2023, while Nvidia (NVDA.O) has surged 185%, making it the first chipmaker with a stock market value over $1 trillion.
The recent gains in Apple's shares have outpaced analysts' estimates for the company's future earnings.
Persons:
Thomas Martin, Noel Randewich, David Gregorio Our
Organizations:
Reuters Graphics, Federal Reserve, Globalt Investments, Apple, Nvidia, Microsoft, Thomson
Locations:
Apple's