Apple has become the first ever U.S. company to close at above $700 billion in value.
The tech titan's shares rose almost 2% on Tuesday and ended the trading day at $122.02 each.
At more than $710 billion, Apple is worth nearly twice as much as the world's second most valuable company, Exxon Mobil.
Our technology correspondent Rebecca Bowring says the valuation is astronomical.
IN: "It's more than…"
OUT: "…50,600%."
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Our technology correspondent Rebecca Bowring says Apple has come a long way since first launching its flagship iPhone 8 years ago.
IN: "In January there…"
OUT: "…broke records there."
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Rebecca Bowring, our correspondent in San Francisco, says the result is yet more good news for Apple CEO Tim Cook.
IN: "Back in 2007…"
OUT: "…has doubled."
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