Apple is red hot. The stock is at an all-time high. It is up nearly 25% this year. That makes Apple the best performer in the Dow.And get this. Apple (AAPL, Tech30) is now worth about three quarters of a trillion dollars: $750 billion. Apple’s market cap is $160 billion higher than the second most valuable company in the U.S. Google parent Alphabet (GOOGL, Tech30) is worth about $590 billion.Why is Apple doing so well? Wall Street is extremely excited, juiced if you will, about the next iteration of the iPhone that’s due out later this year. It will probably be named the iPhone 8.But given that this is the tenth anniversary of the iconic device, some expect/hope that Apple will do like the National Football League does with Super Bowls and brand the new phone with a Roman numeral — the iPhone X.
Källa: Apple worth $750 billion. Next stop? $1 trillion – Mar. 21, 2017
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