Thursday, August 2, 2018

Apple Becomes A Trillion-Dollar Company

As of this morning, Apple has become a trillion-dollar (phone) company.

Shortly before 9 a.m. PT on Thursday, Apple's stock hit $207.05 a share, giving it a market capitalization at that trillion-dollar mark. Apple -- the biggest public company in the world -- had 4,829,926,000 shares outstanding as of July 20, which meant its stock had to hit $207.05 to be worth $1 trillion.