APPLE BECOMES THE FIRST PRIVATE SECTOR IN THE WORLD TO WORTH $1 TRILLION

 

If you use an Iphone or anything “I” this is for you because we should share in this joy together or what do you think? We all made it happen.

According to United States National Public Radio (NPR) “The share price jumped by more than 8 percent this week after Apple reported impressive quarterly earnings on Tuesday, driven largely by strong sales for high-priced iPhones. In a call with investors, CEO Tim Cook also touted growth in other areas such as smart home products, wearable and services like the App Store and Apple Pay.

The $1 trillion milestone is largely symbolic, though impressive. Apple’s market capitalization — a common financial measure of worth that multiplies the number of shares by the share price — makes the company worth more than the economies of, for example, Saudi Arabia, Switzerland and Taiwan.

Other technology companies with high-flying, trendy stocks are expected to join Apple in the $1 trillion club before long. In recent years, the financial world considered Amazon and Apple to be in the race toward the milestone. On Thursday, Apple finished first”.

You will agree with me that technology is really dominating the world and it is fast becoming one of the best and safest markets to invest in.

Image (s) source: Google

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