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California is home to the first trillion dollar company. Apple make history at $207.05 per share of stock. A monumental brief moment. The shares grew since reporting better than expected quarterly earnings Tuesday after the bell. NASDAQ: AAPL
Apple is the first publicly traded American company to hit a $1 trillion market capitalization. The Cupertino based tech giant hit the milestone Thursday morning. Sales are dominated by higher margin iPhone X. This September, the company is expected to launch 3 new models with a full screen iPhone with other upgrades. Other products also did well in the third quarter such as cloud services and Apple music.
Written by IncSmart Staff
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