(Reuters) – Shares of Apple Inc (AAPL.O) rose 4.2% on Wednesday, after the company calmed Wall Street nerves with an improvement in sales in China and as several brokerages predicted a boost from its services business and the launch of new iPhones in the second half of 2019.
If the gains hold, Apple would be within touching distance of again topping $1 trillion in market value, just shy of the world’s most valuable company, Microsoft Corp (MSFT.O). Apple had 4.53 billion shares outstanding at the end of last quarter.
