Apple is first trillion-dollar US company
Sep 18, 2018
3 minutes
BY ALEX SUMMERSBY
APPLE HAS BECOME the first publicly-listed American company ever to reach a value of one trillion dollars. At the time of writing it’s still up there, way ahead of all others — Amazon is nearest at $872 billion, followed by Google’s parent company Alphabet ($844bn) and Microsoft ($816bn).
A company’s market capitalization value is calculated simply by multiplying its share price by the number of its shares in circulation. Apple reached a market cap of one trillion dollars in August, following the
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