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Title: AAPL hits $1 trillion market cap, Apple first publicly traded company to reach 13 digit valuation Post by: HCK on August 05, 2018, 04:05:20 pm AAPL hits $1 trillion market cap, Apple first publicly traded company to reach 13 digit valuation
<div class="feat-image">(https://9to5mac.com/wp-content/uploads/sites/6/2018/08/aapl_1t.jpg?quality=82&strip=all&w=1600)</div><p>Update: 11:49 AAPL has now passed (https://twitter.com/llsethj/status/1025046185378238464) the $1T mark and is the world’s first trillion dollar company. </p> <p>Apple has succeeded in becoming the first public company to hit a trillion dollars … almost. Due to a recent change in the count of total available shares, Yahoo is reporting that Apple has already hit the $1tn mark.</p> <p>Google Finance reports Apple is at about a $950 billion market cap right now — although that isn’t completely accurate either. With the updated share count, Apple stock has to cross the $207.05 level to officially reach the milestone, as explained by CNBC yesterday. (https://www.cnbc.com/2018/08/01/apple-1-trillion-share-price-threshold.html)</p> <p>The company revealed an adjusted outstanding share count of 4,829,926,000Wednesday alongside the company’s <a class="inline_asset" href="https://www.sec.gov/Archives/edgar/data/320193/000032019318000100/a10-qq320186302018.htm">third-quarter results[/url]. That factors in hefty stock buybacks and nudged the trillion-dollar per share price to $207.05.</p> <p> <a href="https://9to5mac.com/2018/08/02/apple-becomes-first-company-to-hit-1-trillion-market-cap-according-to-apples-own-stocks-app/#more-545375" class="more-link">more…[/url]</p><div class="feedflare"> <img src="http://feeds.feedburner.com/~ff/9To5Mac-MacAllDay?i=JYaR7jlsu28:MqvxCmg9zGo:D7DqB2pKExk" border="0"></img> (http://feeds.feedburner.com/~ff/9To5Mac-MacAllDay?a=JYaR7jlsu28:MqvxCmg9zGo:D7DqB2pKExk) </div><img src="http://feeds.feedburner.com/~r/9To5Mac-MacAllDay/~4/JYaR7jlsu28" height="1" width="1" alt=""/> Source: AAPL hits $1 trillion market cap, Apple first publicly traded company to reach 13 digit valuation (http://feedproxy.google.com/~r/9To5Mac-MacAllDay/~3/JYaR7jlsu28/) |