Apple is worlds first public company worth $1 Trillion - Ten'z Nepal

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Thursday, August 2, 2018

Apple is worlds first public company worth $1 Trillion

          Business Apple has become the world's first public company to be worth $1 trillion on Thursday.

     The iPhone maker's market capitalisation reached the figure in afternoon trading in New York as its shares rose above $207 .
     The stock has risen about 9 % since Tuesday when it reported better than expected results for the three months to June. Apple 's stock has risen more than 50,000 % since it first listed in 1980.
         That compares with a ( mere ) 2,000 % rise for the S&P 500 in the same period.
Source:BBC