
Apple Hits Trillion-Dollar Market Cap Once Again, But Will This be the Final Time?

Apple is one of the most successful companies in the world, and that they have over a billion devices in use across the globe is all you need to see the truth in this. But if you’re not convinced, how about the fact that the company made this announcement three years ago?
Since then, they have launched a host of other awesome products, so you can just imagine how many more are in the hands of their loyal customers. The thing with Apple is that they hardly ever disappoint, and they recently held their yearly iPhone launch on September 10.
With it followed a market cap of $1 trillion, thanks to the company’s share price closing at $223.59 on September 11, that being an increase of over 2%.
August 2018
If you’re surprised about the $1 trillion mark, then you must have missed the first time the company achieved this impressive feat, that being in August 2018. However, disappointing sales in China (one of Apple’s largest markets) from December through January led to a decrease in stock price, but they’re back where they belong.

Disappointing sales in China led to a decrease in market price.
And it so seems that it pays to be in the tech industry, as Apple isn’t the only company with such a high market cap. In fact, Microsoft has an even higher one, with its figure standing at $1.04 trillion. Wow!
So, what is it that the company launched that made its stock price shoot to the roof? If you’re a fan, they you already know that they released the iPhone 11 with the Pro and Pro Max variants, and to the delight of millions across the globe, they come with a price cut.
The company also launched new iPad models, and the Apple Watch wasn’t left behind either. However, the iPhone still remains their most sought after product. Social media was and still is awash with memes about this latest version, and isn’t that how you know your product has been accepted by the masses nowadays?
$50 Cheaper
And although the phone has already been launched, its release date is slated for September 20. The silver lining is that you can preorder it, and remember that price cut? The phone is $50 cheaper than the iPhone XR, its predecessor.

The iPhone 11 comes $50 cheaper than its predecessor
For customers in the US, the phone also comes with a full year’s Apple TV Plus subscription, and with the shows the company has lined up for us, consumers will be more than grateful for this. Netflix does really need to watch out, don’t you think?

The latest iPhone comes with 12 months of Apple TV Plus free subscription
With the popularity of the iPhone, you better believe that for the next year millions will be into Apple’s streaming platform, and 12 months is a long time to convince one to switch allegiances.
And don’t forget that Disney also has Disney+ lined up, so it’ll be pretty interesting to see how they all compete in the market. Any takers for Apple TV Plus to take them all on? Time will tell though. Let’s just wait.
More in Global Markets
-
`
What Was Princess Diana’s Childhood Like? You Now Have a Chance to Find Out!
Do the lives of the royals family seem fascinating to you? If you’re nodding your head, don’t worry because you’re not alone. The British royal...
July 1, 2020 -
`
Tom Brady Sparks Retirement Rumors After Putting His Brooklyn Mansion for Sale
At 42, the Patriots’ star quarterback Tom Brady is still a force to reckon with. Considered by most fans, pundits, and...
June 30, 2020 -
`
Ready for College? Here’s Are a Few Ways to Seamlessly Pay for Your Education
It’s that time of the year again when parents are faced with the monumentous task of paying their kids’ college tuition. Regardless of whether...
June 30, 2020 -
`
Airbnb Taking off in Travel Industry with Its Secret Plan!
Airbnb has been working on something big and the secret has recently been revealed by CEO and co-founder Brian Chesky who...
June 30, 2020 -
`
After Being Named the Richest Female Music Artist, Is Rihanna Contemplating Retirement?
For Rihanna, 2019 was the year she has been looking forward to all her life. How many times has the singer...
June 28, 2020 -
`
Uber and Starbucks Strike a New Partnership That Will Have One Major Focus
Finally, after months of speculation regarding the much-anticipated partnership between Uber’s delivery division Uber eats, and one of the largest coffee...
June 28, 2020 -
`
Real Estate Market Unscathed after Recent Economic Dips
In the last decade, Pakistan’s realty market has undergone considerable maturity. At present, their housing economy has developed the ability to withstand...
June 27, 2020 -
`
Kim and Kanye Flew in a Special European Crew to Install the Floors in Their Hidden Hills Mansion
Each time we’ve had a glimpse of the home Kim Kardashian shares with her husband Kanye West, there has always been...
June 25, 2020 -
`
Arctic Ice Shrinking at Alarming Rate as Scientists Reveal Shocking Figures
The ice caps and glaciers around the world are melting at an alarming rate, making scientists extremely worried about global warming...
June 22, 2020