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Author Topic: AAPL hits $1 trillion market cap, Apple first publicly traded company to reach 13 digit valuation  (Read 407 times)
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« 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"></div><p>Update: 11:49 AAPL has now passed 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.</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">
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Source: AAPL hits $1 trillion market cap, Apple first publicly traded company to reach 13 digit valuation
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