Connect with us

Culture

Apple Is Now Worth A Trillion Dollars

Apple is now the most profitable company in human history.

On Thursday, Apple became worth more than $1 trillion when its shares climbed past $207.05, two days after the company announced the latest in a series of remarkably profitable quarters.

Wall Street thinks Apple could go even higher. Thirteen analysts have a price target of above $225 for Apple. The most bullish, Brian White of Monness, Crespi, Hardt & Co., has a price target of $275 a share. That would value Apple at $1.3 trillion.

Apple is not the first publicly traded company in the world to surpass the trillion dollar mark though.

Oil giant PetroChina (PTR) briefly topped a trillion dollar valuation in 2007. Amazon is worth nearly $900 billion while Google and Microsoft are each now worth more than $800 billion

Click to comment

Popular

DJ Khaled Is Suing Billboard Over Losing Out On The Number Album

Music

Jalen Ramsey Wants The Largest Contract In NFL History

Sports

Steph Curry And The Warriors Force A Game 6

Sports

Chris Brown Heading On Tour With Tory Lanez, Ty Dolla $ign And Joyner Lucas

Music

Kevin Durant Tore His Achilles In Game 5 Return

Sports

Copyright © 2019 Clutch Media Group.

Connect