Apple is worth over $1,000,000,000,000

It happened. Apple won the race to $1 trillion in market capitalization. Following this week’s earnings release, Apple shares (NASDAQ:AAPL) briefly traded at $207.05, which values the company sightly over $1 trillion based on the most recent share count of July 20.

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, but revenue jumped by 20 percent. With $53.3...

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