Apple Inc. became the first U.S. listed company to reach a $1 trillion market capitalization on Thursday.
Apple shares AAPL+2.92% closed at $207.39, above the $207.04 threshold needed for Apple to officially hit the trillion-dollar mark. That’s based on its most up-to-date share count of 4.83 billion as of July 20. The current market-cap calculations assume that Apple’s share count hasn’t budged since that date, though that’s unlikely given the company’s rapid pace of share buybacks.
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