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Apple Nears $3 Trillion in Market Value. Here’s Some Context

  • Shares of iPhone maker are less than 7% away from milestone
  • Options activity indicate rush from retail investors
A display of Product Red iPhone 13 smartphones in the Apple Inc. store in London, U.K.

A display of Product Red iPhone 13 smartphones in the Apple Inc. store in London, U.K.

Photographer: Chris Ratcliffe/Bloomberg
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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.

The iPhone maker needs to rise just another 6% to become the first company to achieve the milestone, less than four years after it first surpassed $1 trillion.