Thursday 2 August 2018

Apple makes history and is already a "trillion-dollar baby"

There are 13 digits that make the Cupertino giant the first US company to beat the billion dollar target in market value. Petrochina was the first to register this feat in 2007, but it was a tough sun.
Last year, the apple brand was the first company in history to beat the $ 800 billion barrier in market value and this year the technology giant's aim was to mark the billion dollar stock market.
And while Amazon last week followed closely with Apple as it surpassed the $ 900 billion market capitalization, it was the company led by Tim Cook that on Thursday reached 

$1,000,000,000,000, according to Bloomberg . Anything like about 850 billion euros
After they were worth $ 207.05, the apple brand's shares suffered a slight decline to $ 206.41 in Thursday's session. For this contributed the positive results presented by the company of the one that was the best quarter of June of always of the technological one.

With a total revenue of $ 53,265 million (about 45,532 million euros), the company's chief executive, Tim Cook, said that "this is the best quarter to end in June ever for Apple, partly due to sales of iPhones and the focus on services ".
However, the American technology giant is not the first company in the world to reach this number. The pioneer was PetroChina, the largest oil company in China, which in November 2007 reached a valuation of one billion dollars. However, this registration did not last long.
All that remains to be asked is who is the next giant to enter the narrow trillion-dollar club in a dispute between Amazon, which has a market value of $ 873 billion ($ 748 billion) and the Alphabet of 855 million - about 732 billion euros



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