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3 years ago

Apple First Company With $1 Trillion Market Cap

Investing.com
Investing.com
Investing.com - $1 trillion dollars. That's what Apple (NASDAQ:AAPL) is now worth, based on its market capitalization. The tech giant is the first company to cross that threshold. In 2003, Apple was worth just $1 a share. But just how big is $1 trillion. Well, its a million million. Put anther way, Apple's market cap is equal to the value of the whole Mexican economy. Breaking the $1 trillion dollar mark is hardly Apple's first stunning achievement. It already holds the records for the largest quarterly profit--$20 billion--and largest cash reserves -- $285 billion. Apple's market cap status is safe for now. Analysts say it will be a year or two before any other company breaks the $1 trillion threshold
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