Breaking: How Apple Company Broke Record As The World’s First Company Worth $1 Trillion

Apple Company broke the world record by becoming the first private company to surpass $1 trillion in stock market value on Thursday following its latest surge after reporting strong quarterly earnings. The shares of Apple Company briefly hit $207.05 in late-morning trading, before somewhat retreating. The earnings of Apple Company came after the iPhone maker reported strong earnings late Tuesday that prompted a two-day rally in the share price.

Apple Company

According to reports from Apple Company, 2018’s currently outstanding shares is at 4.83 billion. Apple Company had a head start over Amazon, hitting $900 billion in November last year, while Amazon was also approaching the threshold, surpassing $900 billion in market value as at July 2018. Recommended Read: Facebook Company: Single Biggest One-Day Devaluation Loss In The History Of The Financial Markets.


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