• Aug 03, 2018, 11:22 IST

Apple touches USD 1 trillion mark, becomes first public company to reach 13 digit market cap

Aug 03, 2018, 11:22 ISTSource: TNN

Apple Inc. has become the first US based company with a market value of $1 trillion in the world. The company reached its trillion-dollar market cap after its shares price reached all-time high surpassing $207 per share. Silicon Valley technology giant is now up by 20% this year. The reason behind this surge is the increase in sales of iPhone 8 and X in China and Japan. Amazon, Google and Microsoft have also touched the record high this year. Apple Inc. is closely trailed by Amazon worth nearly USD 900 Billion, Google and Microsoft at USD 800 Billion