Friday, August 3, 2018

Apple is the world's first trillion-dollar company

Apple is the world's first trillion-dollar company


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. 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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