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The increase in Apple’s stock price puts the company’s market cap at 832.192B today, an increase from the $800 billion milestone that it first crossed back in May of this year.
At the time, some analysts increased price targets to as high as $202 for AAPL ahead of the expected iPhone 8 launch in September. That would make Apple the first company to pass the $1 trillion market cap.
The new record stock price follows Apple’s FY17 Q3 earnings results last week where it reported $45.4b in revenue and $8.72 profit from 41m iPhones, 11.4m iPads, and 4.29m Macs sold. The company also provided guidance of between $49 billion and $52 billion for revenue in the upcoming fiscal fourth quarter report.