Apple gets within reach of a $3 trillion market value

Apple is poised to become the world’s first company to cross $3 trillion in market value as shares of Apple Inc rose 1% on today.

Apple’s shares have surged this year as investors remain confident that consumers will continue to shell out top dollar for iPhones, MacBooks and services such as Apple TV and Apple Music.

When Apple hits the milestone, Microsoft Corp would be the only company is the $2 trillion club, while Alphabet, Amazon and Tesla have crossed $1 trillion.