Apple, the first One Trillion Dollars company
The Cupertino brand has become on Thursday the first company to reach the symbolic market capitalization of 1000 billions of dollars, showing the ever growing size of the high tech firm.
Exceptional, once more, Apple has shown it will be here for years to come, and one word : Trillion $, that is how much Apple is worth now, after the company gave on Tuesday the excellent results of the last quarter, it has seen it capital reach one thousand billion $.
The website Techcrunch precise that Alphabet(Google), Amazon and Microsoft are also likely to pass the 1000 B$ market capitalization. Apple has taken advantage of it latest flagship, the iPhone X, which has boosted the company gains due to its high selling price.
Another cause of success, is the good health of Apple sevices, such as Apple Music, iCloud, Apple Pay, ... They all represent now $9.6 billion in revenue.
It now a certainty, Apple is the biggest company on the planet, but how further will it go? And will it use this remendous power? And more importantly, has Apple become iPhone-dependant? If the iPhone fail, can Apple survive it, because even the services rely on it, time will tell.