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Apple back to exceed 1,000 billion dollars of market capitalization

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Published on Sep 11, 2019

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Apple is back to having a market capitalisation of more than one thousand billion dollars: apparently, the iPhone 11, 11 Pro and 11 Pro Max, presented in the event yesterday evening along with the Apple Watch Series 5 and the iPad to the seventh generation, are liked to the investors. The value of the shares of Apple rose up to 221,28 dollars, +3% compared to the previous day.

Apple was the first to reach the remarkable altitude of 1,000 billion dollars, in August of last year. Paradoxically, the actions at that time were worth considerably less: 207,05 dollars. But in the meantime, Apple has continued to buy back shares. One less in circulation (to July 2019 amounted to 4 billion, 519 million and 180 thousand), and then, the shares were worth more (remember that capitalization is the value of a single share multiplied by the number of outstanding shares).

At the moment, Apple is the only company with a market capitalisation above 1,000 billion. In recent months even Amazon and Microsoft have reached this milestone, but at the moment you are back under. Google has approached, but has never managed to achieve it.The Battery on the Phone less than 150€? Xiaomi Mi A2 Lite, on offer today from Clicksmart to 119 euros, or from ePrice to 168 euro. CLICK HERE TO CONTINUE READING

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