Article 5732Y Apple becomes Wall Street's first $2tn company

Apple becomes Wall Street's first $2tn company

by
Mark Sweney and Rob Davies
from on (#5732Y)

Tech giant behind iPhone hits crucial share valuation of $467.77 but closes at $1.979tn just after breaking barrier

Apple became the first US $2tn company on Wednesday, only two years after becoming the first to be valued at $1tn by Wall Street.

The technology powerhouse behind the iPhone needed to hit a share price of $467.77 to reach the milestone and moved through that barrier during mid-morning trading on the Nasdaq exchange on Wednesday, although it closed down just below that historic level at $1.979tn (1.51tn).

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/technology/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments