Apple reaches $1 trillion market cap again after iPhone launch

  • 📰 CNBC
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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
Source: CNBC - 🏆 12. / 72 Read more »