Apple Inc. (NASDAQ: AAPL) is going to let its customers turn in their old Mac devices at its retail outlets in US and Canada in exchange for credit for a new device or balance on the Apple gift card starting this month, Bloomberg reported Tuesday.What Happened The consumer electronics company told its retail employees that the program will come into effect on June 15 in the United States and June 18 in Canada, according to Bloomberg.The trade-in facility is already available for other Apple devices, including the iPhone, iPad, and Apple Watch.Mac devices accounted for about 10% of Apple's revenue in 2019 at $25.7 billion, and according to Bloomberg, the move could further boost the computer sales.Price Action Apple shares closed nearly 3.2 higher at $343.99 on Tuesday, the record highest price in history. The shares added another 0.4% in the after-hours session at $345.40 in the after-hours session.See more from Benzinga * Big Tech Reaches New Record Heights At The Stock Market * IBM Discontinues Facial Recognition Technology, Says It Can't Condone 'Racial Profiling' Or 'Mass Surveillance' * Apple Gets Patent For Socially-Distanced Group Selfies(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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The Federal Reserve is set to announce its latest policy decision on Wednesday afternoon.

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Tesla Inc’s chief executive Elon Musk said that it is time to bring its Semi commercial truck to “volume production”, as the U.S. electric vehicle maker ramps up vehicle production after a brief virus-related shutdown. “Production of the battery and powertrain will take place at Giga Nevada,” Musk said in an email seen by Reuters.

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