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Friday, August 3, 2018

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Apple is the world's first trillion-dollar company

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Apple officially became the first company in the world, the cost of which is one trillion dollars. Now the price of the company is a number with 12 zeros!
In the Apple Equity application, which displays data from Yahoo, it was clear that the company had reached a trillion-dollar stake with a stock price of $ 204, but the data was incorrect. The company will reach this bar only at $ 207.
If you do not understand all this, then the value of the company is determined by the price of its shares.

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    Apple bought back some of its shares, so it's harder to calculate its value.
    The fact of becoming a trillion company does not affect Apple's profit, it's just a figure. However, to achieve this level, the company for years produced products of excellent quality and satisfied the demands of its customers.
    For Apple, a trillion mark can be achieved by Amazon. At the moment, its cost is 870 billion dollars. Next is the company owning Google, Alphabet - 845 billion. Given the difference in their value with Apple, we can assume that these companies will need a few more months to reach a trillion.

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