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Apple, the world’s biggest company by market value, got a little bit bigger on Tuesday as its shares breached the previous all-time high that was set in April 2015.

The Cupertino, California-based group’s shares jumped more than 1 per cent on the day to $134.70. They had set a new record close on Monday.

Investors have once again warmed to the company after its holiday-quarter earnings beat expectations, and analysts have taken a more constructive view on the potential for further iPhone sales growth.

Copyright The Financial Times Limited 2017. All rights reserved.

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