Apple is now worth $1 Trillion
Apple hit yet another milestone today by becoming a $1 Trillion company. The tech giant is the first American public company to ever hit that mark.
The company reached that number earlier this morning when their stocks rose to over $207.04 a share. The iPhone maker has their Q3 earnings report to thank for that. Apple earned about $53.3 Billion this third quarter, surpassing projections by $1 Billion. This also marks their highest Q3 earnings to date.
Of course, given the volatility of the stock market, Apple could easily enter and exit the $1 Trillion mark as stocks plummet and rise. They may be the first American company to hit that mark but others like Amazon, Google, and Microsoft are slowly reaching that mark.