Insights

Apple’s Share Price Hit $207.32 On August 2nd

Apple’s Share price hit $207.32 on August 2nd, making it the first technology company to hit a market cap of 1 Trillion dollars Apple become the third public company in recent history to cross the 1 trillion mark after StandardOil and PetroChina Apple’s market cap does not make them the biggest company in history, that honour belongs to the DutchEastIndiaCompany who had an inflation adjusted market cap of 7.4 trillion dollars at it’s peak.The two companies are incomparable but with the upcoming release of the latest iPhone, it will be hard to bet against Apple continuing it’s growth trajectory.

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