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NEWS Details


News Details

04

Jan - 2018

Apple may soon become world's first trillion dollar company

Technology giant Apple leads the race among other global enterprises to become the world's first trillion-dollar company.
According to The Guardian, financial commentators and investors have predicted that 2018 will herald the first firm with a stock market valuation of USD one trillion or more, if technology share prices continue to rise as they did in 2017.
Apple presently leads the race with a market valuation of USD 869 billion on Tuesday.

The company is currently ahead of Google's parent company Alphabet, which has a market value of USD 729 billion.

Moreover, the firm which transformed mobile communications with the iPhone, would require a 15 percent increase in its share price to tip over USD one trillion.

Apple's share prices increased by 47 per cent last year.



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