Apple Makes History — Becomes First Company In The World To Reach 1 Trillion Dollars In Value

85 views

Apple becomes the first company in the world to hit 1 trillion dollars in value. This is because strong financial results triggered a boost in its share price and pushed it past the landmark.

Earlier yesterday, the historic milestone occurred — 42 years after Steves Jobs and Wozniak founded the company.
It became the first in history to be worth $1,000,000,000,000.

Apple beat retail giant Amazon to the mark.

According to the Guardian, Apple’s share price jumped to $207.05, triggering the rise in value. This was partly due to better than expected quarterly financial results posted by the company earlier this week.

The last time such a milestone was hit was when US Steel became the first company to be valued at a billion dollars, all the way back in 1901.

Leave a reply

Your email address will not be published. Required fields are marked *