Apple Inc updated its latest share count on Wednesday, putting the magic stock price at $207.04 that would make the iPhone maker the first publicly listed USA company valued at $1 trillion. The stock has been surging this week as anticipation mounts for the next generation of iPhone, expected to be released in September.
Apple shares rose 2.7 percent to an all-time high of $207.05 around midday.
The $1 trillion milestone is largely symbolic, though impressive.
Apple is benefiting from investor euphoria surrounding the tech sector broadly as well - and it could soon have company in the trillion dollar club. Amazon is worth almost $900 billion while Google and Microsoft are each now worth more than $800 billion.
The first company to ever be worth $1 trillion was Petrochina, which reached the valuation briefly on its first day of trading, following its 2007 IPO.
Apple shares topped $207 on Thursday, pushing the company to a market capitalization of $1 trillion just before noon, before falling back to around $206.
"I think it just speaks to just how powerful the Apple ecosystem has become over the last few decades", GBH Insights analyst Dan Ives told CNBC. That also means the actual number of Apple shares may have fallen further since July 20, but most market observers go with the number reported in the 10-Q quarterly financial reports filed with the SEC.
That price translates to a $1 trillion market cap based on the current estimated number of outstanding shares.
This was the first time western observers were allowed to monitor the democratic process in Zimbabwe for nearly two decades. Zimbabwe's ruling ZANU-PF party has won a majority in parliament, according to partial results released Wednesday.
That hybrid, named Kekaimalu, still lives at the marine mammal park, where she helps teach children about genetics. Wholphins have also been conceived in captivity with the last one at Sea Life Park in Hawaii.
A new report suggests that North Korea has continued to build new missiles, despite ongoing talks with the Trump administration. Increased inter-Korean cooperation to ease cross border tensions and improve relations is also tied to U.S.
Priyanka , who is yet to open up about her relationship publicly, reportedly got engaged to Nick on her birthday two weeks ago. Pratt is playing the role of an agent with the fighting skills and personalities of a cowboy, a ninja, and a Viking.
Rudy Giuliani is purposely exchanging "Conspiracy" for "Collusion" to intertwine a legal term of art with a political one. Richard Blumenthal (D-Conn.) wrote on Twitter on Monday, citing a reference in the federal code.
Samsung's overall operating profits slid almost 5% sequentially to KRW14.87 trillion in the second quarter . Now, Samsung has also given a price cut to the popular Galaxy J6 smartphone for the second time.
Joining the vice president are the children of two USA service members who never returned from the Korean War. North Korea has threatened to attack the USA and its allies with nuclear weapons on numerous occasions.
Other signatories are working with Iran to try to save the agreement while Washington begins reimposing sanctions on Tehran . In May, the USA left a deal which curbed Iran's nuclear activities in return for the lifting of worldwide sanctions .
Police have not yet made any arrests, with spokesman Thomas Agnevik telling reporters in Sweden: 'It's 1-0 to them right now. The royal treasures were taken from a cathedral in Sweden where they were on display.
Legal experts said Manafort may be hoping to be found not guilty - or holding out hopes of a presidential pardon. A jury of six men and six women was ultimately selected, along with four alternate jurors.
Kevin is in England's best-ever Test XI
Buttler is in the form of his life, having scored five consecutive half-centuries in the IPL before those Tests against Pakistan. Maybe the Adil Rashid furore will help", said Vaughan, who was one of the key characters involved in the Rashid "furore".
USA slaps sanctions over charged pastor; Turkey vows reprisal
US pastor Andrew Brunson reacts as he arrives at his home after being released from the prison in Izmir, Turkey July 25, 2018. Other analysts said the sanctions on Turkish government officials would likely harden Turkey's position on other key issues.
Minneapolis police ‘justified’ in killing black man
Schmidt said he saw the gun and feared for his life, and that's when he stopped running, aimed and fired at Blevins. He said police officers, including Kelly and Schmidt, were "promptly" available for interviews after the shooting.
Nobody Is Terraforming Mars Anytime Soon, NASA Says
Just 13 days before Mars came into opposition, scientists trained the telescope toward it to take a snapshot of the Red Planet. Mars , the fourth planet of the solar system, orbits the Sun at a greater distance than our planet.
Trump Says It's Time to Vote out Sen. Nelson
The president accused Democrats of obstructing his agenda and Brett Kavanaugh, who he chose as a Supreme Court nominee. Stay tuned to Breitbart News for live updates of the rally, which begins at 7 p.m.
Eight states suing Trump administration, company over 3D guns
But in the past three days, more than 2,500 people have downloaded Wilson's blueprints for 3D-printed AR-15 style assault rifles. In the meantime, the company agreed to block sales to users with IP addresses from Los Angeles, New Jersey and Pennsylvania .