New Delhi: Apple, known for making premium segment smartphones in the world, launched three new iPhones. After which, the share of Apple was increased by three percent. The market capitalization (market position) of the company increased by $ 31 billion to $ 1.01 trillion, or Rs 72 lakh crore. Earlier in August 2018, for the first time, the company's market capitalization reached one trillion dollars or one trillion dollars. Now 10 months later, Apple has become a trillion-dollar company again.
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Despite lagging in market capitalization, Apple lags behind Microsoft. Microsoft is $ 3,000 million ahead of the Apple company. Microsoft has a market capitalization of $ 1.04 trillion and is the highest-rated company in the world. It is known that the market cap of a company is calculated by multiplying its share price and share number. Due to this, the market cap of the company also decreases and increases.
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On September 10, Apple launched the iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max. During the launch, Apple CEO Tim Cook had said that the iPhone XR is the best selling smartphone of the year 2018. The company also expects an increase in sales. Microsoft is the largest company in the world in terms of market cap. It's market cap is Rs 74 lakh crore. Apple is in second place with a market cap of 72 lakh crores. Amazon ranks third on this list. Amazon's market cap is Rs 64 lakh crore.
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