Why Apple’s stock is on fire right now

Apple (AAPL) appears well on its way to being the first company to hit a $3 trillion market cap. As of the opening bell on Thursday, the company’s stock was sitting at $174.91 per share, and it only needs to hit $182.85 before crossing the historic point.

So what’s behind the run on Apple’s stock? The continued success of the company’s iPhone lineup, not to mention its accessories like the Apple Watch and AirPods are, of course, a large part of the story.

But the build-up in…


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