
Apple's capitalization for the first time exceeded $ 900 billion. The company's stock price at NASDAQ stock exchange amounted to $ 176.24. Thus, the capitalization of the company reached 904.9 billion dollars.
According to CNBC, Apple's growth is largely due to the successful launch of the iPhone X sale.
Additionally, on November 2, the company released a pretty optimistic quarterly report that surpassed the expectations of analysts. According to the results of the fourth quarter of 2017, the company's revenue grew by 12% to 52.6 billion dollars, and net profit increased by 19% to $ 10.7 billion.
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