Apple achieve $1 trillion benchmark
Apple becomes the first US Company to hit $1 trillion in a stock market evaluation.
Apple stocks hit $207.04 per share after the flow of 2.5% with almost 5 billion shares in the market
the stock has increased above 21% so far with reunite coming after a strong gain in profit and
generated revenue gains on Tuesday because the demand of iPhone remains high and service sails
hit an all-time high.
The company recently updated its quarterly revenue of $53.3 billion, Thursday gains increase 9%
since Tuesday when a firm reported quarterly report above expectations. But for all objective and
purpose, apple is the first US-based $1 trillion benchmark company on the market it likely won’t be
there alone for long. Amazon is also on brink of hitting the $1 trillion mark after its own Q3 positive
result.
If Apple was a country, it would be the 27richest, ahead of Malaysia and just behind Pakistan
according to the CIA World Factbook
With another side, if we consider cash, Apple could buy one billion people a $998 iPhone X and still
have a billion dollars left in the bank account.
It’s a proud moment for Apple CEO Tim Cock under his guidance and due to hard work apple achieve
that platform.
