Apple reaches $1 trillion market cap again after iPhone launch
- Apple stock rose over 3% during trading on Wednesday to a closing price of $223.59, a day after Apple launched new iPhones and Apple Watch models.
- That price gives Apple a market capitalization of $1.01 trillion.
- The first time Apple hit a $1 trillion market cap was in August 2018, but since then the stock has had a rough period and Apple has bought back its own shares.
Apple reached a $1 trillion market cap on Wednesday, following its announcement Tuesday of a slew of new products, including the iPhone 11.
Apple’s share price was up more than 2% at the close of trading on Wednesday, ending the day at $223.59…