Apple nears $1 trillion valuation

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Apple is currently valued at $949 billion, and its stock only needs to go up another 6 percent before it becomes the first trillion dollar company, according to MSN.

Apple's share are already up 13 percent this year, and Berkshire Hathaway CEO Warren Buffett gave the company a boost in early May when he announced his firm would increase its Apple holdings to 250 million shares.

Apple faced criticism at the end of 2017 after it confirmed it had intentionally slowed older hardware devices. The revelation has not affected sales, which increased 16 percent in the first three months of this year.

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