(Reuters) -Apple's ( AAPL ) stock climbed to a record high close on Wednesday and was on the cusp of a $3 trillion market capitalization.

The iPhone maker's stock rose 0.6% to end the day at $189.25, putting Apple's ( AAPL ) market value at $2.98 trillion, according to Refinitiv data. It was the second straight record high close for Apple's ( AAPL ) shares.

Apple ( AAPL ) has yet to end a trading session with a stock market value above $3 trillion. It briefly peaked above $3 trillion in intra-day trading on Jan. 3, 2022 before closing the session just below that mark. $Apple(AAPL)$

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