Apple briefly overtakes Saudi Aramco to become the world's largest company
Apple briefly overtakes Saudi Aramco to become the world's largest company
Apple Inc shares surged as much as 7.1% to a record high on Friday after reporting blockbuster quarterly results, helping the iPhone maker briefly overtake Saudi Aramco to become the world's largest public company.

Apple Inc shares surged as much as 7.1% to a record high on Friday after reporting blockbuster quarterly results, helping the iPhone maker briefly overtake Saudi Aramco to become the world’s largest public company.

Shares of the company rose to a record high of $412 in early trading. Closing at that level will give it a market capitalization of $1.786 trillion.

Saudi Aramco , which has been the largest public company since going public last year, had a market capitalization of $1.76 trillion as of last close.

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