Apple Makes History By Becoming First U.S. Company to Reach $1 Trillion Market Value

Apple Makes History By Becoming First U.S. Company to Reach $1 Trillion Market Value

Photo Credit: saiko3p // Shutterstock

Apple has recently held the crown as the nation’s most valuable company, made Wall Street history on Thursday when it became the first publicly traded U.S. corporation to reach a market value of $1 trillion. Apple stocks are owned by investors ranging from billionaire Warren Buffett t mutual fund giant Vanguard to millions of working Americans through funds owned in their 401(k)s, passed the milestone just days after reporting another stellar quarter.

According to USA Today, “The iPhone maker broke the $1 trillion barriers when its stock briefly hit the magic share price f $207.05, according to Nanex, which supplies market data to the financial industry. Online brokerage TD Ameritrade said the history-making trade occurred at 11:48 a.m. ET.”

Source: USA Today

Written By: Fantasia Harvey

Instagram