Apple just broke another dazzling record

Tuesday 9 May 2017
Nic Crowther's picture
Co Editor
The Shaker

Overnight, Apple became the first company achieve a market capitalisation of US$800 billion (or a staggering AU$1.08 TRILLION dollars).

 

 

Oh, and plenty of analysts still have the company rated as BUY.

 


via MacRumors

 

Since launching the original iPhone in January 2007, the company’s share price has increased by 1250%. If that doesn’t break your heart, this will: the share price has risen by 60% since last April.

It should have been easy money, huh?

 

 

The company is still tipped to top US$1 trillion (AU$1.35 trillion) before the year is out – mostly off the back of the 10th anniversary of iPhone.

 

'iPhone 8' render via MacRumors

A few Apple stocks in your portfolio might be worth a punt for the next 12 months. Another 20% lift in share value could pay for a tidy little holiday over Christmas.

[Yahoo Finance]


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