Apple officially becomes first U.S. company with $1 trillion market cap

apple officially becomes first u s company with trillion market cap
Apple officially becomes first U.S. company with $1 trillion market cap

Apple Inc. became the first U.S. listed company to reach a $1 trillion market capitalization on Thursday. Apple shares (AAPL)closed at $207.39, above the $207.04 threshold needed for Apple to officially hit the trillion-dollar mark. The current market-cap calculations assume that Apple’s share count hasn’t budged since that date, though that’s unlikely given the company’s rapid pace of share buybacks.

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