Tonight the market capitalization of Apple reached $ 1 trillion. Thus, the iPhone maker became the first public company to obtain such values.
Market cap growth of Apple occurred almost immediately after the publication of the last quarterly report, from which it became known that the company’s financial performance was significantly above expectations of industry analysts. Against this background, shares of Apple company just a few days increased from 190 to 207 dollars.
It is noteworthy that Apple announced the conquest of a new frontier a little earlier than it happened in reality. Branded app Promotions for iOS the company’s market capitalization has reached $ 1 trillion earlier. As it became known later, this was due to a mistake in the calculations.
It should be noted that in the near future to achieve a market capitalization of $ 1 trillion may be another American company. Amazon already close enough to that point. According to some analysts, the cherished number can be achieved at the end of the summer.