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Apple becomes first trillion-dollar U.S. company

2018-08-03 1 Dailymotion

Apple has become the world's first trillion-dollar company.<br />The IT giant's market cap hit one trillion dollars on Thursday, when its stock price closed at an all-time high of two-hundred-and-seven-point-three-nine U.S. dollars.<br />The figure was up by roughly two percent from the day before.<br />The boost is largely attributed to the U.S. firm's stronger-than-expected second quarter earnings report.<br />With this feat, Apple streaks ahead of its Silicon Valley rivals -- Amazon and Microsoft -- to hit the one-trillion dollar threshold.<br />Apple's shares have jumped more than one-thousand-and-ten percent since the launch of the first iPhone 11 years ago,... and have increased by nearly a third over the past year. <br />

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