If the milestone holds, it won't be the first time that Apple has had a market cap over $1 trillion.
in August 2018, but since fell under the symbolic benchmark after Apple's stock price dropped during a period in December and January after a rough period where iPhone sales in China disappointed. Apple has also bought back millions of its own shares, raising the stock price threshold needed for a $1 trillion market cap.currently has a larger market cap than Apple at $1.04 trillion during trading on Wednesday.
Apple held its annual iPhone launch event on Tuesday, revealing new iPhone, Apple Watch, and iPad models, including a
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