Apple Leads Race To Become World’s First Trillion Dollar Company

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The race is on to become the world’s first trillion-dollar company, with all eyes fixed on tech giants such as Apple, Amazon, Facebook and Alphabet, the parent company of Google.

Financial commentators and investors predict 2018 will herald the first firm with a stock market valuation of $1tn or more, if technology share prices continue to rise as strongly as in 2017.

Apple is leading the way, with a market valuation of $869bn on Tuesday, a figure arrived at by multiplying the company’s share price by the number of shares in circulation.

Read more at The Guardian.

{Matzav.com}

 

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