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Apple's books are due - worth a trillion?

by Milan
July 31, 2018
Apple CEO Tim Cook and his CFO Luca Maestri

Apple CEO Tim Cook and his CFO Luca Maestri

Tonight at around 10 p.m. CET, Apple will announce its third-quarter results.

Apple is currently valued at just under $939 billion with a share price of $191. This means the stock would have to gain another 6.5% to break the magic barrier of a trillion US dollars in market capitalization. 

Conference Call

The presentation will proceed as usual – first the figures will be published and half an hour later the Conference Call. 

Incidentally, when Tim Cook announced the latest quarterly figures, he announced the launch of Apple Pay in Poland, Norway and Ukraine. Will Apple Pay finally be announced for Germany this evening? Hope dies last. 

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