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Apple Stock: Tech Giant Becomes 1st Firm to Reach 1 Trillion

Posted On August 9, 2018 2:25 pm
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Source: Pixabay.com

To hear Wall Street tell it, the fact that Apple Inc. (Nasdaq: AAPL) just became the first U.S. firm to reach a $1 trillion market cap is “big news.”

I’m not so sure…

Please don’t think I’m being cynical. After all, I’m one of the biggest Apple bulls around.

Here’s the thing. While the $1 trillion valuation coming on the heels of a great earnings report is a key milestone for all tech investors, Apple’s historic status isn’t a surprise.

At least not to those who have been following along here…

Continue reading at MoneyMorning.com

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