Close ad

Today will be written in golden letters in the history of Apple. After Tuesday's announcement of the financial result for the past quarter, the value of its shares began to rise sharply, thanks to which the value of the apple company began to significantly approach the magical threshold of one trillion dollars. And that's where Apple surpassed it early this evening after reaching $207,05 per share. 

As I already wrote in the opening paragraph, Apple's great success is mainly due to Tuesday's announcement of its financial results, which once again exceeded all expectations. Apple did well in practically everything except the sale of Macs, which on the whole significantly deteriorated. On the other hand, the average price of iPhones increased thanks to the iPhone X, which, according to Tim Cook, is still the most popular smartphone in the Apple portfolio. However, it's not just hardware that Apple is pulling up. Services have also experienced a huge rise, which, moreover, according to all assumptions, will not end soon. 

Where is the border?

If you think that $207 is probably even an imaginary maximum for Apple, where its shares can rise, you are wrong. Analysts predict that Apple will continue to have a bright future. While some of them are more bullish and predict Apple at around $225 per share, others see Apple even higher and predict an astronomical $275 per share, which could make its market value rise to an incredible 1,3 trillion dollars. 

Apple thus registered today alongside the Chinese company PetroChina, which also managed to surpass this goal in the past. However, it did not warm to the limelight for long and fell from its peak in 2007 to the current $205 billion. Hopefully, Apple will not see anything similar. 

A small paradox is that many of us started to slowly celebrate crossing the $1 trillion mark a few hours earlier, as the Apple Stocks app was already proudly displaying the $1 trillion mark. However, the value of the shares did not yet correspond to the value of the company at that time, and other stock market monitoring services had not yet reported the trillion mark. However, today we finally got to overcome this milestone and that is the main thing. So good luck in your pursuit of the next trillion, Apple! 

Source: CNN

.