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…

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