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Zuhause > Nachrichten > Industry News > Apple’s trillion-dollar cap

Apple’s trillion-dollar cap

  • Autor:Ella Cai
  • Lassen Sie auf:2017-08-10
Could Apple become the first public company to achieve a market cap of $1trillion?

Ahead of its expected September launch date for the iPhone 8 – a phone billed to demonstrate significant innovation – Apple’s market cap is $815 billion.

A compelling new phone which gains an enthusiastic market reception could push that to $1 trillion.

The company’s market cap increased by $56 billion after it announced calendar Q2 earnings last week.

Apple’s shares  currently cost $176 – another $15 on the price will push the market cap to a trillion.

In Q1, Warren Buffet practically tripled his holding of Apple shares to $19 billion  which suggests he sees upside potential.