Apple shares hit record high on iPhone X launch


The tech giant’s market capitalisation value briefly hit the $900 billion mark on Friday

Apple Inc. shares rose nearly 4% on Friday after the tech giant reported a blowout fourth quarter and shrugged off concerns related to the iPhone X, prompting more analysts to put a trillion-dollar valuation on the company.
The stock was on track to add nearly $34 billion to its market capitalisation. Closing on Thursday at $168.11, the company tapped a market cap of $900 billion briefly on Friday.
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