The maker of iPhones and Macs crossed the mark in the afternoon session on the first trading day of 2022. Shares crossed above $182.85. Apple's current market cap is greater than the bottom 184 companies in the S&P 500 combined, according to the Dow Jones Market Data Group.

Last month, Wedbush analyst Dan Ives called the forthcoming milestone a "watershed event" and notes the "company continues to prove the doubters wrong with the renaissance of growth story playing out in Cupertino," according to a research note.

n October, Apple CEO Tim Cook said demand for Apple products was strong despite what he described as "larger than expected supply constraints." Cook said the supply issues cost the company an estimated $6 billion. The company reported iPhone revenue of $38.87 billion, falling short of the $41.51 billion that analysts expected.... Read More: FOX Business