Apple closed at an all-time high Monday, briefly surpassing an intraday market cap of $925 billion for the first time.
Shares closed at $181.40 — less than a percent up — but climbed above $182 in midday trading, briefly pushing the tech giant to a market cap of $925.4 billion, before closing at $922 billion.
That puts Apple more than $100 billion ahead of the second-largest company by market capitalization, Alphabet, and more than $150 billion ahead of Amazon.
Apple earlier Monday announced it was buying magazine subscription service Texture, and company SVP Eddy Cue said at SXSW that a Netflix or Disney tie-up was unlikely.
–Giftofaservant’s Steve Kopack contributed to this report.