It’s Happened: Apple Just Became World’s First Trillion Dollar Company
Following another round of quarterly results that included record breaking numbers we have been waiting for what has seemed inevitable for a long time now – apple becoming the first trillion dollar company.
As of right now that appears to have happened, depending on who you ask.
If you open the Stocks app on iOS or ask Siri, you’ll find Apple at almost $204 per share which makes it the first time that a company has crossed over that $1 trillion market cap.
However, if you look elsewhere this may not strictly be the case.
The reason for that is confusion over Apple’s total number of available shares. Apple uses Yahoo Finance for its stock numbers across iOS and Siri which reports the company as being worth $1 trillion, however other outlets like Google Finance are using an amended number of shares which means that same $1 trillion mark will not be reached until shares reach $207 each.
That’s still entirely possible the way Apple’s shares continue to increase in value, but if you’re not using Yahoo Finance as your source for numbers then Apple may have to wait a little bit longer before getting the champagne out.
It’s surely only a matter of time before Apple is a bonefide $1 trillion company no matter where you look and we suspect the folks at Apple will be pretty pleased with their lives right now regardless of whether that happens today, next week or next month.
Apple sure has come a long way since its days in a San Francisco garage!
Update: With Apple’s share hitting $207+ now, it is now officially a trillion dollar company!