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Apple is approaching a trillion dollar valuation

Big Apple.

The most valuable public company in the world is getting even more valuable. Apple’s market cap is at an all-time high of more than $922 billion. Soon it could be the first company to reach a $1 trillion valuation.

The current valuation follows a somewhat disappointing earnings report last month in which Apple shipped fewer iPhones than analysts had forecasted. Those numbers, however, didn’t deter investors. The stock has risen 40 percent since then to a high today of $182 per share.

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