Apple Lossless Audio CODEC (ALAC), became today the first company in history to reach a market capitalization of 1000 billion dollars, and this after several years of rumors regarding the possibility of reaching it. According to the American press, the value of Apple shares, which passed 200 dollars the other day, has now reached the threshold that increased the value of the company to 1000 trillion dollars.
Apple is writing history today with this achievement, because until now several other companies were very close to achieving such a stock market capitalization, but those from Cupertino were the first to achieve it. Those at Yahoo! they listed for the first time Apple with a stock market capitalization of 1000 billion dollars a few hours ago, but it seems that in reality it would have been reached only now.
Apple: THE FIRST COMPANY IN HISTORY with a Value of 1000 BILLION Dollars
Apple reaches this record capitalization just a few years after analysts said it was headed for bankruptcy, the departure of Steve Jobs generating many discussions about the company's future. However, Tim Cook showed that he is the perfect man to control a company like Apple, and today all his work is crowned with success, as the president of the company deserves.
"Apple Inc became the first $1 trillion publicly listed US company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone that transformed it from a niche player in personal computers into a global powerhouse spanning entertainment and communications."
Apple is the first company listed on the stock exchanges to reach a stock market capitalization of 1000 billion dollars, so we are not counting private companies that would have had such a value. Of course, this achievement will not be long-lasting, because before the launch of new iPhone models, share prices fall, but they tend to rise quickly after the launch of the phones.
