Apple becomes first trillion-dollar U.S. company
- 6 years ago
Apple has become the world's first trillion-dollar company.
The IT giant's market cap hit one trillion dollars on Thursday, when its stock price closed at an all-time high of two-hundred-and-seven-point-three-nine U.S. dollars.
The figure was up by roughly two percent from the day before.
The boost is largely attributed to the U.S. firm's stronger-than-expected second quarter earnings report.
With this feat, Apple streaks ahead of its Silicon Valley rivals -- Amazon and Microsoft -- to hit the one-trillion dollar threshold.
Apple's shares have jumped more than one-thousand-and-ten percent since the launch of the first iPhone 11 years ago,... and have increased by nearly a third over the past year.
The IT giant's market cap hit one trillion dollars on Thursday, when its stock price closed at an all-time high of two-hundred-and-seven-point-three-nine U.S. dollars.
The figure was up by roughly two percent from the day before.
The boost is largely attributed to the U.S. firm's stronger-than-expected second quarter earnings report.
With this feat, Apple streaks ahead of its Silicon Valley rivals -- Amazon and Microsoft -- to hit the one-trillion dollar threshold.
Apple's shares have jumped more than one-thousand-and-ten percent since the launch of the first iPhone 11 years ago,... and have increased by nearly a third over the past year.