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Thursday, November 1, 2018

Apple falls below $1 trillion market value

Apple fell below its $1 trillion market cap on Thursday after reporting its fourth quarter earnings.

The stock was down after hours on weak guidance and slipped even further after the company reported it would no longer report iPhone, iPad and Mac unit sales.

Apple made history in August when it became the first U.S. public company to reach the $1 trillion market cap. But it is likely to slip even further below that market cap tomorrow when the company files a new share count.

This story is developing. Please check back for updates.

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