Archives for August 19, 2020

Apple Hits 2 Trillion, IE Announces Report, Smartphones Could Keep Drunks Off the Road

It’s another Thursday which means another week of tech talk with Mark Starling and the First News 570 crew. Apple becomes the most valuable company in the world, IE prepares for retirement, and Siri could let you know if you’re incapable of driving. You can listen to Mark and I point and laugh while talking about the wild and crazy technology world every Thursday morning, LIVE at 6:43am Eastern.

US FRUIT COMPANY PASSES $2 TRILLION MARKET CAP (THAT’S A LOT OF APPLES)

Yesterday, Apple’s stock price crossed the $467.77 price per share. It was then that Apple’s market capitalization pushed it to $2,000,000,000,000. Apple’s share price gained 50-percent from the start of the year, a year during a pandemic when people are sheltering in place and consuming lots of content on Apple devices and services. Apple is now the world’s most valuable company surpassing the oil conglomerate Saudi Aramco. Apple’s value is coming just as it’s being sued by Epic Games for kicking Fortnite out of the App Store, and battling software developers over price gouging tactics for taking 30% of software sales on their platforms. Apple stock is the best performing stock I ever owned.

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