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Apple is about to become the first $1 trillion company – ANITH
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Apple is about to become the first $1 trillion company

Apple is about to become the first $1 trillion company

Raise your hand if you’re ricchhh!

Image: Stephen Lam/Getty Images

Holy sh*t, Apple has really done it.

The beloved tech giant is now officially the first trillion-dollar company, beating Amazon to the historic milestone. Well, that really depends on where you’re getting your information from. 

On Thursday, Apple’s stocks app for iOS reported the company stock had passed $1 trillion, but that was based on the stock price being about $203 per share.

However, because the company readjusted its share count due to buybacks at the close of Q3, Apple’s stock price actually needs to hit about $207 per share before it can claim the title as the first trillion dollar company.

At the time of publishing, based on the adjusted $206 share price, Apple’s close to the trillion-dollar valuation, but not quite there yet, sitting at about $956 billion in market cap according to Google Finance.

This story is developing…

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Anith Gopal
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