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Company shares Apple they hit a record high of $118,62 overnight. If not for the 7:1 stock split, the stock would be worth $830,34 right now. Simultaneously with the stock's record value Apple the company's market capitalization reached a level of up to 695,7 billion US dollars, which represents a historic one maximum. Apple is slowly but surely approaching the long-awaited threshold of 1 trillion US dollars, which the company could reach on the stock exchange. There was already talk of this limit in 2012, when the shares reached a then incredible value of $704, but then the value of the shares began to decline dramatically.

On the rising value of the company's shares Apple several factors may be involved. First of all, it is the approaching pre-Christmas shopping and Black Friday. Then it's the start of sales Apple Watch, which takes place in the spring, and in the end it can also be, for example, high sales iPhone in this year. Renowned analyst Ming-Chi Kuo stated that Apple should sell up to 71,5 million during this quarter iPhone and 21,5 million iPads.

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*Source: 9to5mac

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