Apple Just Became America's First Trillion Dollar Company - Daddy's Tech

Breaking

Thursday, 2 August 2018

Apple Just Became America's First Trillion Dollar Company


Apple the biggest tech company just becomes the first American trillion dollar company following last quarter results. If you want to know just open stocks app or just ask siri you’ll find Apple at almost $204 per share which makes it the first time that a company has crossed over that $1 trillion market cap.

Here's the image for your understanding as well.


Here's the zeros in 1 trillion:

$1,000,000,000,000


While an American company had never been valued at $1 trillion, Apple is not the first in the world to cross this milestone—Chinese oil company PetroChina hit $1 trillion in market cap in 2007. (It has since crashed and lost 80% of its valuation.) Privately held Aramco, the Saudi oil giant, valued at $2 trillion by investors, is not yet listed publicly.

Written By:


No comments:

Post a Comment