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Title: Apple gets its ultimate revenge on Michael Dell with the world’s first trillion-dollar market cap Post by: HCK on August 07, 2018, 04:05:13 pm Apple gets its ultimate revenge on Michael Dell with the world’s first trillion-dollar market cap
<article> <section class="page"> <p><strong>Update 11:49 a.m.: </strong>Now it's official!</p><p><strong>Update 11:35 a.m.:</strong> Apple's stock app jumped the gun a bit based on inaccurate data from Yahoo. But man is it close.</p><p>If the best revenge is living well, then Tim Cook is sticking it to everyone. Apple’s stock passed another significant milestone today, becoming the first company in history to top a market capitalization of a trillion dollars, albeit briefly. That’s a one with 12 zeros.</p><p>Of course, it wasn’t always this rosy. On September 29, 2000, Apple’s stock dropped more than 50 percent, from $26 to $13, effectively cutting its market capitalization in half, to around 5 billion, and it didn’t look good for the Mac maker. At the time it was hard to see Apple recovering, but since that fateful day the stock has since split twice and soared to unimaginable levels.</p><p class="jumpTag"><a href="/article/3294961/business/apple-trillion-dollars-aapl.html#jump">To read this article in full, please click here[/url]</p></section></article> Source: Apple gets its ultimate revenge on Michael Dell with the world’s first trillion-dollar market cap (https://www.macworld.com/article/3294961/business/apple-trillion-dollars-aapl.html#tk.rss_all) |