Apple just became the First Company to be worth $1 trillion

Apple just became the First Company to be worth $1 trillion

August 3, 2018

Apple just became the First Company to be worth $1 trillion

Apple just became the first company in history to be worth $1 trillion, just 21 years after facing near-bankruptcy.

Apple became on Thursday, the first publicly traded American company to be worth $1 more than a trillion, when its share climbed at $207.39.



Two inspired guys named Steve – Steve Jobs and Steve Wozniak, started Apple in a garage at Silicon Valley, 42 years ago.

The company revealed an adjusted outstanding share count of 4,829,926,000Wednesday alongside the company’s third-quarter results. That factors in hefty stock buybacks and nudged the trillion-dollar per share price to $207.05.

 

source CNBC

 

By | 2018-08-03T09:33:52+00:00 Aug 3, 2018|Categories: Technology news|Tags: |

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