IPhone X is hot! Apple's market value exceeded $900 billion
IPhone X is hot! Apple's market value exceeded $900 billion

Thanks to the hot sales of iPhone X, Apple's fourth fiscal quarter performance was strong, and its market value continued to soar, recently reaching the $1 trillion mark. On November 3, Apple's share price hit a new high in after hours trading, and its market value briefly hit $900 billion, then stabilized, and its market value was slightly lower than $900 billion.

The hot sale of iPhone X made Apple's fourth fiscal quarter performance comprehensively exceed Wall Street analysts' expectations, and also exceeded Apple's previous preset guidance expectations. In the fourth fiscal quarter, revenue in Greater China alone was close to $10 billion, up 12% year on year. In addition to iPhone X, Apple also has HomePod, which is mainly engaged in the smart home market, which has not yet been launched this year. As Apple's representative work in the smart home field, HomePod's market prospect is relatively optimistic, especially in the Chinese market. Its support for Chinese voice is not small compared with Google and Amazon. Therefore, the stock price of Apple is very likely to break the $1 trillion mark this year.


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