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Apple reaches $1 trillion market cap again after iPhone launch

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It's not the first time that Apple has had a market cap over $1 trillion, but it comes a day after the company launched new iPhones.

Apple stock rose over 3% during trading on Wednesday to a closing price of $223.59, a day after Apple launched new iPhones and Apple Watch models.The first time Apple hit a $1 trillion market cap was in August 2018, but since then the stock has had a rough period and Apple has bought back its own shares.

Apple CEO Tim Cook takes a selfie with an attendee during a special event on September 10, 2019 in the Steve Jobs Theater on Apple's Cupertino, California campus.reached a $1 trillion market cap on Wednesday, following its announcement Tuesday of a slew of new products, including the iPhone 11.It's not the first time that Apple has had a market cap over $1 trillion.in August 2018.

Apple held its annual iPhone launch event on Tuesday, revealing new iPhone, Apple Watch and iPad models, including a

 

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Booyah 🙌🏻👌🏻

this weak culture of jeans and sweat tops and ZERO innovation completed with Monopolies is getting so boring. No innovation in the latest iPhone riding a user base that is getting tired of the scam. fire Tim Cook

gustavovelezpr

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Apple touches $1 trillion market cap again after iPhone launchIf the milestone holds, it won't be the first time that Apple has had a market cap over $1 trillion. It's simply amazing that Apple keeps adding just a little bit of new tech to the phone and kills it again. What a wonderful brand and marketing department they have. Amazing. Fractal_Hedge No sense
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