iPhone 11 Makes Apple Worth More than $1 Trillion Again
Some say the iPhone 11 launch was a fiasco because, you know, the features that Apple announced at the show have actually been around for a long time on Android.
Others believe that Apple is making a major step in the right direction, and the new models coupled with a more aggressive pricing strategy pushed the company back to the leading place in the industry.
And judging from stock prices, the latter is the correct analysis of the post-iPhone 11 launch development, as Apple has regained its $1 trillion company status shortly after it took the wraps off its new-generation models.
As per MacRumors, AAPL reached $221.28 in intraday trading on September 11, essentially putting the company beyond the $1,000,000,000,000 (that’s $1 with 12 zeroes) milestone.
Needless to say, this is an important achievement that comes just at the right t… (read more)