Thursday, August 2, 2018
Apple is worth over $1,000,000,000,000
Apple won the race to $1 trillion in market capitalization. Following this week’s earnings release, Apple shares (NASDAQ:AAPL) are now trading at $203.57, which values the company sightly over $1 trillion by $576 million. While the smartphone market is more or less saturated, Apple managed to increase its margins and the average selling price thanks to the iPhone X. iPhone sales grew by 1 percent
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