Apple Is First US Firm To Hit $700bn Value

Apple is the first company in US history to achieve a value above $700bn (£459bn). The tech firm set the record at the close of trading on Wall Street on Tuesday, making it almost twice the size of the next biggest company, oil producer Exxon Mobil at $385bn. Apple shares rose almost 2% in the trading session, closing at $122.02. Apple, which has reported record sales and profit in recent quarters, has crossed the $700bn line before in the course of daily trading but Tuesday was the first time