Apple becomes first company to reach $1 trillion market value
By Tristan Greene
Apple Inc. today became the first publicly listed US company valued at $1 trillion. The Cupertino company saw its stock surge nearly six percent yesterday after reporting better than expected earnings over the last quarter. Gains continued through Thursday where – cue the fanfare – Apple’s stock broke the magic number ($207.04 per share). Many analysts thought Amazon would get there first, but the house that Jobs built beat out both Bezos’ marketplace and Google’s AI, proving once and for all that putting a lowercase “i” in front of the word pod was truly a trillion dollar idea. But it…
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August 2, 2018 at 04:58PM
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