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Apple Becomes Trillion Dollar Company Again

CyberPanda

Banned
Apple has regained its status as a trillion dollar company by market cap, which is its total outstanding shares multiplied by its stock price.

aapl_1t_11sep2019-800x708.jpg


Apple achieved this milestone by hitting a stock price above $221.28 in intraday trading today, giving it a market cap slightly over $1,000,000,000,000 based on its 4,519,180,000 outstanding shares as of July 19, 2019, which the company disclosed in its most recent quarterly 10-Q filing with the SEC.

Apple first achieved a trillion dollar valuation in August 2018 with a $207 share price, but the company continues to buy back its shares, which is why it took a higher share price this time around to hit the 13-digit milestone.

Apple's stock is up over three percent since it hosted its annual iPhone and Apple Watch event at Steve Jobs Theater yesterday.

Apple and Microsoft, valued at around $1.03T, are currently the only U.S. companies with a trillion dollar market cap, but Amazon has achieved the milestone in the past and Google parent company Alphabet has come very close.

 

JordanN

Banned
And I still dont like a single product they make.
The last time I used an Apple product was in school. I recall it even had a feature so it could boot up Windows.

But ever since then, I've never used or owned their products.
 

Javthusiast

Banned
Good, now spend some fookin money on a good Berserk adaptation to make your apple+ service worth it, will ya?


And I give it to them, ipads are great.
 
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