Thursday, August 02, 2018

Apple Market Cap Hit $1 Trillion

That was just before noon NPT. The stock price fell a buck since so the company's value is "only" about $995,000,000,000 now.

Then or now Apple is valued at more than the economies of all but fifteen countries. The U.S. economy is $18.5 trillion.

It's gross.

Apple is the first U.S. company to ever have hit a tril but China's and Saudi Arabia's petroleum companies have.