Apple’s Back At $3 Trillion. Can It Stay There?
In time of rising interest rates, Apple thrived thanks to its cash. Now the path is clear for a long run at a record high valuation.
When Apple scooted past the $3 trillion mark for the second time in its history on Friday, it did so under some incredible circumstances. The company had seen sales declines for two straight quarters with another anticipated on the way. It posted an earnings miss for the first time in almost seven years in Feb…