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Apple reaches a market value of one trillion dollars

Apple has become this Thursday the first American company that reaches a stock market capitalization of a trillion dollars, ahead of other technological giants like Amazon, Alphabet or Microsoft.

Although it has advanced its rivals in the US market in the race, Apple is not the first company in the world to be worth a million: eleven years ago, in 2007, it was already achieved by the largest Chinese oil company, PetroChina, in the Shanghai Stock Exchange

The apple company has been boosted in the last few hours by financial accounts, according to which its half-year profits increased 20.6% year-on-year to 45,406 million dollars.

However, the reaction of the markets focused on the stretch from April to June, when it entered 53,265 million, in part thanks to the “robust sales” of the iPhone and Apple’s services.

In addition, although in the third quarter the company sold 41.3 million units of iPhone, almost the same as in the same period of 2017, the billing of the product increased to 29,906 million dollars, well above the 24,846 million registered previously.

The average price of phones in the last three months has risen to $ 724, mainly for the iPhone X model, which in the United States is on sale from $ 999.

Analysts had been making bets for months on which of the American technological giants would reach the trillion dollars first, since so far this year its stock market value has only increased, starting with Amazon (55.18%).

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