Recent market shake-ups have allowed the iPhone maker to topple Saudi Aramco, depriving the oil giant of its long-held title of the world’s most valuable company.
Apple stocks hit record highs on Friday, adding around 10 percent and closing at over $425 per share. The boost came as investors cheered historically strong quarter results, which showed that the smartphone giant recorded $59.7 billion in revenue and a double-digit rise in sales despite the disruptions caused by the coronavirus pandemic.
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