Apple hits an all-time high and is seemingly in striking distance of being a $1 trillion company


Apple had a semi-blowout quarter — though, really, the story is about what’s happening in the next quarter — sending the stock to an all-time high.

The big jump means Apple is now a company worth more than $800 billion. It seemed not too long ago that Google might have a fair shot at being a bigger company than Apple when it comes to its market cap, but now Apple is on a steady march upwards. And that continued march means the company may be a $1 trillion company before too long.

Apple’s report, where it signaled a big fourth quarter with its guidance, sent shares up more than 5 percent in extended trading. On the year, Apple shares are steadily climbing. Shares had risen nearly 30 percent this year prior to this earnings release. This crescendo seems to be building up to…

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