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martyb [soylentnews.org] writes:

c|net reports [cnet.com]:

It's official. Apple on Thursday became worth over $1 trillion. Yes, that's right, $1 trillion. As in $1,000,000,000,000.

Shortly before 9 a.m. PT on Thursday, Apple's stock hit $207.05 a share, giving it a market capitalization at that trillion-dollar mark. Apple -- the biggest public company in the world -- had 4,829,926,000 shares outstanding as of July 20 [shareholder.com], which meant its stock had to hit $207.05 to be worth $1 trillion.

The stock dipped below that level during Thursday's trading session but closed up 2.9 percent at $207.39, cementing the iPhone maker's new status as a trillion-dollar company and the first US public company to hit that level.

That made Apple worth more than all but the 15 richest countries in the world, based on 2017 data from the CIA World Factbook [cia.gov] (that's the number with a gross domestic product totaling more than $1 trillion last year). And this is only the second time a public company has ever been valued in the 13 digits. PetroChina, an oil and gas company, topped $1 trillion for a short time [theguardian.com] on the Shanghai Stock Exchange in 2007.

Also at BBC [bbc.co.uk], Ars Technica [arstechnica.com], and phys.org [phys.org].

So, how many apples (the edible kind) could you buy with all that money and how big a pile would you have?

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