Apple's trading in the early trading day exceeded $ 175.29, based on the current 51.343 billion shares outstanding, the total market value of Apple officially crossed the 900 billion US dollars mark to the current liquidity calculation, when Apple shares reached 194.77 US dollars, the total market value will reach 1 trillion The milestone of the dollar.
Last week, Apple released the latest quarterly results, better than the market expectations.Company CEO Cook said he hoped the upcoming holiday season to hit the best record in history.With Apple's epoch-making product iPhone X market and the enthusiastic response, there is reason to believe that this will Push Apple to usher in this momentous moment. Ten years ago in June 2007, when Apple CEO Steve Jobs brought the world the first iPhone, 2017 ten years later, the tenth anniversary commemorative iPhone X Suspended the company's greatest hope.
This year, the S & P 500 is up 16%, the Dow is up 19% and the Nasdaq is up 26%. As a constituent of the three indices, Apple shares rose 52%, making its own contribution to the daily high.
In addition, actively issue bonds to support the repurchase of shares and dividends are also boosting Apple's strong over the past five years, Apple has spent 157 billion US dollars to buy back their own company stock.According to the SEC file data, Apple's outstanding shares last year Has dropped 3.8%, compared with 8.1% in 2015, when Apple's outstanding shares reached 5.58 billion shares.
Analysts are also very optimistic about the prospects of Apple.According to data provider FactSet statistics, 37 of Apple's analysts who tracked the given overweight rating, five given the holding rating, only one proposal to sell Analysts give a rating target price of 190.13 US dollars, of which 13 people set the target price of 194.77 US dollars.Once Apple reached this level, it means the world's first trillion-dollar market company was born.