Post #1436

​​🍎Apple's Road to $1 Trillion Despite the news that #Apple lost its second place in the smartphone market to #Huawei in the past quarter, the #iPhone maker is closer than ever to becoming the first trillion dollar company. Following the release of better-than-expected results on Tuesday, the company’s share price climbed almost 6 percent on Wednesday, bringing its market capitalization to $990 billion. As our chart illustrates, Apple reaching a market cap of $1 trillion would have been unthinkable a decade ago. Back in 2008, the company had just released the iPhone, the iPad was still confined to its secretive labs and the financial crisis had brought Apple’s market value down to $76 billion. 10 years and 1.4 billion sold iPhones later, the company founded in a garage in Los Altos, California in 1976 could make history once again. 🚀@PerspectiveIX Do you own any Apple product?