Apple (NASDAQ:AAPL) was in the spotlight, Tuesday, as it was back to knocking on the door of becoming the first company in history to reach a market cap of $3 trillion.
Apple (AAPL) shares rose 2.3% on Monday, to end the day at $180.33 and a valuation of $2.96 trillion. Apple (AAPL) needs to reach $182.86 a share to hit the $3 trillion market cap milestone.
Currently, Microsoft (NASDAQ:MSFT), with its $2.5 trillion market cap, is the only other company with a valuation of more than $2 trillion.
Last week, Wedbush analyst Dan Ives said that if Apple (AAPL) doesn't reach $3 trillion in market cap soon, it will likely do so next year thanks in part to what is expected to be the company unveiling an AR/VR headset which many have already dubbed "Apple Glasses."