• Apple is inching towards a $1 trillion valuation - but don't expect any giant acquisitions

    5 monthes ago - By Business Insider

    Apple is approaching the historic $1 trillion valuation milestone. It will be the first company to reach that market cap.
    One of Apple's top executives said this week that the company isn't planning any major acquisitions.
    Analysts have theorised for some time that Apple has enough cash to do a big acquisition deal - now that avenue seems closed.
    It comes as analysts are starting to talk more about slowing growth in demand for iPhones.
    Apple's valuation is steadily approaching the historic trillion dollar mark - but an executive hinted this week that there aren't any giant acquisitions on...
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