Apple Stock Buyback Tops $20B In Second Quarter

Apple Stock Buyback Tops $20B In Second Quarter

It shows us how Apple has grown over the last two decades, as well as how it became one of the most powerful companies in the world.

Apple on Thursday became the first private-sector company in history to be worth $1 trillion, after its share price reached an all-time high above $207. It could cement customer loyalty to these brands, enhancing a perception of quality.

Shares of Apple briefly hit $207.05 in late-morning trading, before retreating somewhat.

Apple sold 43.1m iPhones in the June quarter, as customers flocked to its more expensive models like the iPhone X. It is now worth about $200 billion, according to Thomson Reuters data.

Trump downplays Ivanka saying media is not enemy
The activities include doing "20 squats", listening to music, and meditating, she said. "I was crying", Trump said. Ivanka talked about her mother Ivana, 69, who was married to President Trump from 1977 until 1992.

Grace Mugabe's diplomatic immunity was unconstitutional, South African court rules
The International Relations Department says it notes the judgment and will comment at a later stage after studying it. The DA said condoning such behaviour could not be in the interest of South Africa or justice.

Body of United Kingdom student found after accident in Mediterranean Sea
Thomas-Mora and her father (Jones' grandfather) will meet with officials searching for Jones on Monday, July 30th. Embassy and the Israeli authorities are assisting and working with a search-and-rescue team to locate Jones.

Mega-cap tech giants like Amazon, Microsoft, and Google's parent, Alphabet, were also in the race to $1 trillion, but none could beat Apple in the end.

Apple is not the first publicly traded company in the world to surpass the trillion dollar mark though. "It's one of those things that does not mean anything by itself.it's more a testimony of the importance of Apple on the market". After launching the iPhone - arguably its most famous product - in 2007, Apple now churns out over 40 million of the devices every quarter, helping it rake in $254.63 billion in revenue past year.

Canada's entire gross domestic product (GDP) is valued at about 1.7 trillion dollars right now. Today, most analysts think Apple has a solution: Selling existing iPhone users services like Apple Pay and Apple Music and hardware accessories like the AirPods and Apple Watch.

And Apple faces strong competition from other technology companies. They probably wouldn't have been possible without Apple's partnerships with manufacturers in China, which have allowed the company to make billions of devices while keeping tight control over its products and making them affordable for consumers.

Related news:

Hot News

isis-killer-beheading-video-story-top Urban Meyer on Leave as Ohio State Investigates New Allegations
Aug 03, 2018 - 03:32
Meyer released a statement in the wake of the announcement, but it did not make reference to Courtney Smith's claims. Smith was sacked July 23 after an OH court granted Courtney Smith a domestic violence protective order.

isis-killer-beheading-video-story-top Prosecutors Paint a Picture of Paul Manafort's Lavish Lifestyle
Aug 02, 2018 - 02:01
Rudy Giuliani, the president's personal lawyer, has indicated that Mr Trump could pardon Mr Manafort should he be found guilty. Devine testified that Manafort ran a tightly disciplined, professional campaign that contributed to his candidate's victory.

isis-killer-beheading-video-story-top Eel Fire sparks in Mendocino County, in addition to Mendocino Complex Fire
Aug 02, 2018 - 01:53
He bought his three-bedroom house past year using a loan from the Department of Veterans Affairs . "I'm very upset about it". It was the longest closure at Yosemite since 1997, when floods closed the park for over two months.

isis-killer-beheading-video-story-top Leicester coach Puel confident of keeping Man Utd target Maguire
Aug 02, 2018 - 01:42
According to reports , United are even willing to pay 65 million pounds for a player Leicester paid Hull City just 12 million pounds a year ago.

isis-killer-beheading-video-story-top Blueprints for 3D-printed guns could be available this week
Aug 02, 2018 - 01:17
Ferguson announced Monday he was leading the lawsuit , which originally involved eight states and the District of Columbia. It happened after Washington State Attorney General Bob Ferguson filed a lawsuit challenging the Trump Administration.

isis-killer-beheading-video-story-top Honor Note 10 launched with 6.95-inch display, GPU Turbo
Aug 02, 2018 - 01:12
The Honor Note 10 is built around a 6.95-inch Full HD+ (1080 x 2220 pixels) AMOLED display with thin side bezels and no notch. After teasing for nearly a month, Huawei's Honor has officially unveiled the Honor Note 10 smartphone today in China.

isis-killer-beheading-video-story-top Lewis Hamilton claims victory in Hungarian Grand Prix
Aug 01, 2018 - 04:59
Valtteri Bottas has given clarification on comments made after the race by Toto Wolff, which inferred he was the team's number two driver.

isis-killer-beheading-video-story-top Spy agencies suspect North Korea building new missiles
Aug 01, 2018 - 04:59
United States spy agencies have found evidence that North Korea is building ballistic missiles, it was claimed last night. North Korea's ability to build ICBMs, and to replace test sites that they built in the first place, are not in doubt.

isis-killer-beheading-video-story-top The Nationals are reportedly listening to offers for Bryce Harper
Aug 01, 2018 - 03:00
Not only is he the unquestionable face of the franchise, he's one of the top 20 players in all of baseball. The Nationals are one game under.500 leading into Tuesday's non-waiver trade deadline.

José Mourinho confident Manchester United will make one more signing
Aug 01, 2018 - 02:29
We started the game with nearly half of the players who are not even going to belong to our squad on August 9. The aforementioned game versus Real Madrid then Bayern Munich on Saturday. "They are there, just for that".

isis-killer-beheading-video-story-top Paul Manafort Earned $60 Million as a Consultant in Ukraine, Says Mueller
Aug 01, 2018 - 00:37
Asonye told jurors the evidence would show Manafort hid "tens of millions of overseas income" to avoid paying taxes. Gates, who cut a plea deal with Mueller earlier this year, is expected to testify against his former mentor.

isis-killer-beheading-video-story-top McDonald's goes retro with Big Mac tribute coins
Jul 31, 2018 - 03:14
McDonald's added the Big Mac to its national menu in 1968 after Delligatti tested the burger in his Pittsburgh restaurants. The early '00s specifically focuses on the technology that was at the forefront of the turn of the century.

isis-killer-beheading-video-story-top Demi Lovato suffering 'complications' following drug overdose
Jul 31, 2018 - 03:06
It has been claimed that at the time Demi was found, someone had administered Narcan, a drug used to reverse the effects of opioids.

isis-killer-beheading-video-story-top California Firefighters Work 48-Hour Shifts to Battle Deadly Blaze
Jul 31, 2018 - 03:03
Some 260 National Guard troops and 100 police officers were stationed in evacuated neighborhoods to guard against looting. The Carr Fire was originally reported at an intersection of the USA highway 299, and Carr powerhouse road on July 23.

isis-killer-beheading-video-story-top Hunt misidentifies Chinese wife
Jul 31, 2018 - 02:06
Jeremy Hunt admitted to a "terrible mistake" after describing his Chinese wife as Japanese during a diplomatic mission to Beijing. They have three children. "My wife is Japanese - my wife is Chinese ".