Apple’s WWDC Announcements Push It Close to $1 Trillion Market Cap

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The announcements that Apple released at the WWDC conference a few hours ago pushed the company insanely close to $1 trillion market valuation.

AAPL shares reached $193.32 during the WWDC keynote, which means that Apple was worth a little over $950 million, eventually dropping to $192.12 in after-hours trading. In order to reach the $1 trillion milestone, AAPL needs to be priced at $197.

The upcoming 2018 iPhone unveiling due to take place in September is very likely to finally push the company beyond the $1 trillion market cap, thus making Apple the first firm in the world to be worth that much.

Hardware for the win

Software has never been the main catalyst to drive Apple’s growth, and analysts were reluctant as to how much the stock price could increase following the WWDC keynote. But it’s now believed that Apple could jump past the $1 trillion threshold in September when it takes the wraps off its 2018 iPhone trio, once again proving that hard… (read more)

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