Apple is separating the new smartphones into its usual low-cost versus high-cost categories, with big differences between the two models coming down to the camera, display, and battery life.
iOS 13 & watchOS 6 Now Available
Apple Becomes Trillion Dollar Company Again
Apple has regained its status as a trillion dollar company by market cap, which is its total outstanding shares multiplied by its stock price.
Apple achieved this milestone by hitting a stock price above $221.28 in intraday trading today, giving it a market cap slightly over $1,000,000,000,000 based on its 4,519,180,000 outstanding shares as of July 19, 2019, which the company disclosed in its most recent quarterly 10-Q filing with the SEC.
Apple first achieved a trillion dollar valuation in August 2018 with a $207 share price, but the company continues to buy back its shares, which is why it took a higher share price this time around to hit the 13-digit milestone.
Apple's stock is up over three percent since it hosted its annual iPhone and Apple Watch event at Steve Jobs Theater yesterday.
Apple and Microsoft, valued at around $1.03T, are currently the only U.S. companies with a trillion dollar market cap, but Amazon has achieved the milestone in the past and Google parent company Alphabet has come very close.
Apple achieved this milestone by hitting a stock price above $221.28 in intraday trading today, giving it a market cap slightly over $1,000,000,000,000 based on its 4,519,180,000 outstanding shares as of July 19, 2019, which the company disclosed in its most recent quarterly 10-Q filing with the SEC.
Apple first achieved a trillion dollar valuation in August 2018 with a $207 share price, but the company continues to buy back its shares, which is why it took a higher share price this time around to hit the 13-digit milestone.
Apple's stock is up over three percent since it hosted its annual iPhone and Apple Watch event at Steve Jobs Theater yesterday.
Apple and Microsoft, valued at around $1.03T, are currently the only U.S. companies with a trillion dollar market cap, but Amazon has achieved the milestone in the past and Google parent company Alphabet has come very close.
Tag: AAPL
[ 152 comments ]
Top Rated Comments
(View all)
2 weeks ago
I hope their stock plummets.
Stock is going down as we speak
A total embarrassment and their stock price is going to plummet.
Imagine where the stock will be next year after Apple actually announces new phones.
The calm before the storm. Once they see how little these devices sell, the stock is going to tank in the coming years. Not good!
Well that’s what stock buybacks will get you, but this is not the true value of this company.
Do you people get paid to complain? I couldn't give two ***** about the stock price, so long as the company is healthy, and I don't think it's particularly newsworthy that a company stock price increases a little bit, but the constant "this product is crap, the company is doomed" approach followed by "oh but just wait till X happens" when sure enough the people outside of MacRumors forum don't all suddenly **** their pants and abandon Apple as predicted is getting pretty tired now.
2 weeks ago
Do you people get paid to complain? I couldn't give two ***** about the stock price, so long as the company is healthy, and I don't think it's particularly newsworthy that a company stock price increases a little bit, but the constant "this product is crap, the company is doomed" approach followed by "oh but just wait till X happens" when sure enough the people outside of MacRumors forum don't all suddenly **** their pants and abandon Apple as predicted is getting pretty tired now.
Those are typical responses of those who are perpetually not happy with themselves or where they are in life. Ragging on someone, something, or some company helps them to deal with it and feel better about themselves. For the next ten minutes or so.
2 weeks ago
The calm before the storm. Once they see how little these devices sell, the stock is going to tank in the coming years. Not good!
Suuuure. If you keep repeating this maybe you'll eventually get lucky and be right.
2 weeks ago
Imagine where the stock will be next year after Apple actually announces new phones.
2 weeks ago
Imagine where the stock will be next year after Apple actually announces new phones.
Such an edgy take
/s
2 weeks ago
The calm before the storm. Once they see how little these devices sell, the stock is going to tank in the coming years. Not good!
Except the iPhone XR, which was widely predicted on this forum to be a gigantic sales failure, was the best selling phone this year. The iPhone 11 is even $50 cheaper than the XR, Apple does their market research very well. The stock will do the exact opposite of tanking.
2 weeks ago
So sad. It doesn't matter what they show. Just some weird interpretation of the future stock behavior.
Who cares what the company really does. Remember when Zuck was asked all those silly questions when he was
interrogated by the senate? Those old senators had no clue what was going on. Same here...
The shareholders.
[doublepost=1568218378][/doublepost]
Do you people get paid to complain? I couldn't give two ***** about the stock price, so long as the company is healthy, and I don't think it's particularly newsworthy that a company stock price increases a little bit, but the constant "this product is crap, the company is doomed" approach followed by "oh but just wait till X happens" when sure enough the people outside of MacRumors forum don't all suddenly **** their pants and abandon Apple as predicted is getting pretty tired now.
It’s been happening with every release for years now. Apple releases something that isnt “good enough” in their mind, and then they hope that Apple tanks because of it.
It’s pathological.
[ Read All Comments ]
Burst Mode refers to when the camera on your iPhone captures a series of photos in rapid succession, at a rate of ten frames per second. It's a great way to shoot an action scene or an unexpected...
Apple's Portrait Mode has become a popular way of taking impressive shots using a depth-of-field effect known as bokeh, allowing iPhone users to shoot a photo that keeps the subject sharp with a...
Apple has redesigned the native Camera app on the iPhone 11 and iPhone 11 Pro to make space for the various additional shooting options available in its new flagship phones, and one particularly...
Apple's massive launch week has come to a close, with the iPhone 11, iPhone 11 Pro, iPhone 11 Pro Max, and Apple Watch Series 5 all debuting on Friday. And as if that wasn't enough, Thursday...
With the arrival of the iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max, Apple has introduced an optional new camera feature in iOS 13 that's designed to allow you to correct the alignment of...
For this week's giveaway, we've teamed up with AnyTrans to offer MacRumors readers a chance to win one of Apple's new iPhone 11 Pro Max devices and a lifetime AnyTrans license.
For...
Due to Apple seeding the iOS 13.1 beta prior to the public release of iOS 13, upgrading to a new iPhone may be a bit trickier this year.
In a support document, Apple has provided instructions...
Apple today the golden master version of an upcoming tvOS 13 update to developers, one week after seeding the eleventh beta and more than three months after unveiling the tvOS 13 software at the...
