Apple is getting close to $1-trillion in market value, set to become the first company to hit that mark.
Stock prices rose on fiscal 2018 results, which showed a 16% revenue increase. They were boosted further with the announcement that Warren Buffet’s Berkshire Hathaway had increased its stake in Apple.
Last week, Apple’s shares hit a record high of 184.25, giving the company a market capitalisation of about $935-billion.
To claim a $1-trillion market capitalistion, shares would have to reach 197.24.