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Capitalization of Apple for the first time in a long time exceeded $ 1 trillion

15.09.2019 0 Comments

Capitalization of Apple for the first time in a long time exceeded $ 1 trillion

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The last time this happened in May 2019.

On Wednesday, Apple began trading at $ 218.07. The price confidently added during the day and continued to grow on Thursday and Friday. Now she has stayed at $ 223.09. These changes led to an increase in trading volume and an increase in the total capitalization of Apple Inc, which on Wednesday exceeded the $ 1 trillion mark.

Apple

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The last time the company reached this level in May of this year, but did not stay there longer than one day. Capitalization was confidently and for a long time above the trillion mark in November 2018 and earlier.

Apple Capitalization Chart

Of course, the presentation, held on Tuesday, had a beneficial effect on the company's capitalization and the price of its shares. There was introduced the line of iPhone 11, Apple Watch Series 5, Apple TV + and Apple Arcade. How long the company will cost more than one trillion dollars will show the start of sales of new iPhones. In the West, pre-order starts today, and in Russia on September 18.

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