Holy sh*t, Apple has really done it.
The beloved tech giant is now officially the first trillion-dollar company, beating Amazon to the historic milestone.
On Thursday, Apple’s stocks app for iOS, which pulls its financial data from Yahoo Finance, reported the company stock had passed $1 trillion, but that was based on the stock price being about $203 per share.
Hey @tim_cook congrats on the $1,000,000,000,000 🍎 pic.twitter.com/9QoVZ3acNL
— Marques Brownlee (@MKBHD) August 2, 2018
However, because the company readjusted its share count due to buybacks at the close of Q3, Apple’s stock price actually needed to hit about $207.05 per share before it can claim the title as the first trillion dollar company. Read more…
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Source: Mashable | Update: Apple just became the first trillion company
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