It’s Official Apple now worth $800bn
Apple has become the first company in history to top the $800bn mark in the market.
“Considering that it has a limited number of products, it has really dominated that market in a way that few companies have, and it’s been able to retain margins despite lots of competitors.”
Billionaire Warren Buffett, whose Berkshire Hathaway has disclosed a stake of roughly $20bn in Apple, said on Monday he had grown more fond of the company because he could “very easily determine” the iPhone maker’s competitive position “and who is trying to chase them”.
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