Apple officially became a company of 1000 billion dollars

The world's billion-dollar company race finally got a winner and it was Apple, the famous iPhone maker.

The world's billion-dollar company race finally got a winner and it was Apple, the famous iPhone maker.

According to data from Yahoo Finance, Apple's stock price is at $ 203.37 and its market capitalization has reached $ 1,000 billion.

A little interesting thing is that there is little difference in how to calculate capitalization between Google Finance and Yahoo Finance. According to Google Finance's calculation, Apple has a market capitalization of 942 billion USD and to officially mark the 1,000 billion USD mark, its shares must pass the price of 207 USD. But a little difference in the price data does not affect the milestone this technology giant achieved because just a stock price increase of only 1.7% is Apple will really be all. The source officially recognized that the company is $ 1,000 billion.

Apple officially became a company of 1000 billion dollars Picture 1Apple officially became a company of 1000 billion dollars Picture 1

Not only Apple but also other big technology companies are aiming for $ 1,000 billion as Amazon with $ 870 billion, followed by Alphabet (Google's parent company) with $ 845 billion, or Microsoft with about $ 815 billion.

The first company in the world to reach $ 1,000 billion is PetroChina, China's giant petrochemical enterprise. In 2007, PetroChin's shares surpassed the 1,000 billion dollar mark capitalized on the Shanghai Stock Exchange but very quickly after that the company's stock price was devalued.

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