Contact us
Company: Excellent Integrated System Limited
Contact person: Ella Cai
Address: RM 2501 JIEJIA BUILDING FUTIAN SHENZHEN 518031,CHINA
Email: sales009@eis-ic.com / sales009@eis-limited.com
Skype: sales009-EIS
Phone: 0086-755-23611101
Fax: 0086-755-61679009-109
Contact Now
Home > News > Industry News > Apple’s trillion-dollar cap

Apple’s trillion-dollar cap

  • Author:Ella Cai
  • Release on: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.