Insane as it might sound, Apple is now valued at more than $1,000,000,000,000 (one trillion US dollars.)
Apple is now the first American corporation to reach this valuation; the milestone was achieved when Apple stock (AAPL) hit $207 dollars a share. AAPL is now trading around $219 a share.
Considering how the domain name Apple.com was registered for free, this is also the biggest ROI in the history of mankind! 😀
Someone (re)registered the domain TrillionDollarCompany.com that same day. It was previously registered and was let expire and drop. The new owners want $100,000 dollars for it. (LOL.)
Apple is not the first publicly traded company in the world to surpass the trillion dollar mark, however.
PetroChina, an oil giant company, topped a trillion dollar valuation in 2007 when its stock began trading in Shanghai, but shares quickly plunged afterward. It is now worth “only” $205 billion dollars.
Apple.com – Photo by Thammie Cascales on Unsplash
How many buyers lining up for TrillionDollarCompany …….. um
DG – Maybe if all the Apple fanbois lined up