Sunday, 2 September 2018

As Apple gets set to unveil new iPhone models, shares hit an all-time high

It was quite an eventful month of August for Apple in terms of its shares. On August 2nd, the tech giant became the first U.S. public company to earn a valuation of one trillion dollars. Some expected Apple to roll over and play dead after hitting the magic figure, but that wasn't the case at all. Since making history, Apple's shares rose another 10% to finish the month of August at $227.63 for a valuation of close to $1.1 trillion. An all time high of $228.87 was hit on Friday, the last day of the month.

Some traders have been buying the stock in anticipation of Apple's ...

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