Wednesday, December 11, 2024
Archived Post

It’s official: Apple briefly passed the $1 trillion market cap mark

Although there were a few premature announcements earlier this morning, Apple officially became the first publicly-traded corporation to reach a $1 trillion market cap by reaching a brief high share price of $207.05. Shares in AAPL are now bobbling around the $206.88 – $207 range, so the company might not be celebrating its trillion-dollar baby at the end of the day.



As Business Insider noted, “passing the $1 trillion mark means Apple now has a value greater than the gross domestic product (GDP) of all but 27 major countries, including Argentina, the Netherlands, Sweden and Switzerland.” 

$1,000,000,000,000

Think about it.

Steve Sande
the authorSteve Sande
Steve is the founder and former publisher of Apple World Today and has authored a number of books about Apple products. He's an avid photographer, an FAA-licensed drone pilot, and a really bad guitarist. Steve and his wife Barb love to travel everywhere!