Apple Becomes First Public US Company Worth $1 Trillion

(From UPI)

Apple crossed into history on Wall Street Thursday, becoming the first publicly-traded company to reach a trillion-dollar market capitalization.

The milestone occurred after second-quarter earnings this week topped Wall Street expectations and pushed shares higher than 5 percent. Thursday, shares jumped on the Nasdaq to $207.05 at one point, a price that translated to a $1 trillion market cap based on the estimated number of outstanding shares.

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