Apple nears $3T in market value

After a decades-long run as one of the world’s best-performing stocks, Apple is on the verge of reaching $3 trillion in market value. That’s bigger than the entire German equity market. Or the U.K. economy.

The iphone maker needs to rise just another 6% to become the first company to achieve the milestone.

“It’s a phenomenal achievement and highlights the incredible dominance of U.S. tech firms,” said Craig Erlam, senior market analyst at Oanda. “And there’s so much still to come from Apple, which makes you wonder what milestone they’ll pass next and how big they can become.”