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Aug 10, 2018, 14:05
Turn around of the century. Apple crosses 1 Trillion USD marketcap
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On 2nd August 2018, Apple Inc. created the history in the stock market, which turned out to be the first American company to be valued at $1 trillion. Apple is considered as a financial fruit of stylish technology that reformulated the expectations from gadgets. Apple’s market cap equals 38% of India’s total GDP in 2017 when it became the world’s sixth largest economy.

 

The company was commenced by three mavericks named Steve Jobs, Ronald Wayne and Steve Wozniak in the Silicon Valley garage 42 years ago. Apple shares closed at $207.11 on 8 August 2018, leaving the company’s market value above $1 trillion which is around $1001,679,220,000. Apple stands at the top of the U.S. bourses and has even dominated the technology-centred business: Amazon, Google’s parent alphabet, Microsoft, Facebook.

 

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