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APPLE HITS A TRILLION!
APPLE Trillion-Dollar Share Price: $207.05
BOOM: APPLE Best-Ever June Quarter…
Trump threatens to double tariffs
on Chinese imports…
White House Warns 25% Tariffs on China…
ECONOMICS GUEST/AUTHOR: John Tamny, is author of The End Of Work: Why Your Passion Can Become Your Job. He is the editor of Real Clear Markets and the Director of the Center for Economic Freedom at FreedomWorks.
“Apple briefly reached a $1 trillion market capitalization, with shares climbing above the $207 price point Thursday. On Wednesday, the company announced that it adjusted its number of shares outstanding, which gave investors the per-share level to hit the milestone.
This makes Apple the first U.S. company to reach a $1 trillion market capitalization. PetroChina reached a $1 trillion market capitalization briefly in 2007. PetroChina is backed by the Chinese government.
The momentum continued for Apple on Thursday, following the company’s latest quarterly earnings reported on Tuesday.
READ MORE: www.foxbusiness.com/technology/will-apple-win-the-race-to-a-1-trillion-market-cap