Apple's recent quarterly performance blew away all expectations as the company brought in record high revenues and its shares went up by a significant margin, causing Apple's market cap to hit an all-time high value of $900 billion.
Not only multiple analysts from reputed firms like Morgan Stanley, Thomson Reuters, and Drexel Hamilton are confident that Apple will hit the $1 trillion mark soon, the company's CEO, Tim Cook, too has predicted that the upcoming quarter will prove to be the most profitable one ever.
As per a report from Fortune, Apple's shares have been rising in the weeks leading up to the iPhone X's launch and its success will give a major boost to the company's financial performance in the upcoming quarters.
Source: Beebom