Apple's shares hit new record to become most valuable company 

The logo in the window of the Apple Store on Regent Street, London. The technology giant has smashed the global record for quarterly profits after racking up a surplus of $18bn

Apple's stock hit a record high on Friday after reporting blockbuster quarterly results, helping the iPhone maker briefly overtake Saudi Aramco to become the world’s most valuable publicly listed company.

Apple’s stock surged to as high as $412.22 a share, putting its market capitalisation at $1.762 trillion, according to the share count provided by Apple in a regulatory filing on Friday.