The stock hit an all-time high Monday, and the company moved closer to a milestone — the first $1 trillion market value. Apple stock surged on Friday, when Buffett revealed on the eve of the Berkshire Hathaway annual shareholder meeting that Berkshire had acquired 75 million more shares. The Oracle of Omaha's company owns more than 240 million shares of Apple, about a 5% stake. Apple's stock is up 13% in May. Apple may be the first US company to reach a vaunted $1 trillion market cap.

Source: CNN May 07, 2018 18:00 UTC