Advertisement
Global  

“News neutrality by unbiased coverage”
One News Page
> >

Apple Reaches the $1 TRILLION Mark - But What's Next?

One News Page Staff Friday, 3 August 2018 ()
Apple Reaches the $1 TRILLION Mark - But What's Next?by

While Apple’s success story is something to look up to, it’s hardly been plain sailing. The brand, which underwent a colossal transformation at the turn of the century as a result of their ground-breaking iPod range and iTunes software, this week reports having become the first public company with a net worth of $1 trillion – a trillion miles away, you might say, from the days where it looked like the firm was about to go under and face bankruptcy head-on. Apple have evolved immensely since the days of their clunky computers – iMac and MacBooks, too, have become more sophisticated and are no longer seen as a lesser alternative to Windows PCs. This week’s announcement is inarguably what the late Steve Jobs would have been aiming for – and with this colossal milestone passed, many are wondering quite what Tim Cook and company have lined up next for the brand.

Apple’s shares closed at a record high on Thursday, August 2nd with a share value of $207.39, and it’s thought that since the company’s stock market origins in 1980, the company has witnessed a staggering growth of 50,000%. It’s thought that, in just the past year alone, Apple’s shares have leapt up by a third – an incredible achievement in a market where competition has never been fiercer – and where the likes of Microsoft remain consistent in their rivalry. While other big brands such as Samsung and Huawei may be providing stiff competition for Apple out in the East, the success story of the company has never been clearer.

Apple Becomes The First Trillion Dollar Company
Apple Becomes The First Trillion Dollar Company

The brand has seen a huge escalation in profit in just over 12 years – while the iPod certainly helped to transform the company’s fortunes in the early 00s, it was the introduction of the iPhone, helping to kick off the smartphone boom, which really gave Apple’s stock a boost. In 2006, it’s reported that the company oversaw a profit of around $2 billion – fairly large on its own – but compare that with $48 billion in 2017 and you’ll see just how far the company has come.

So what’s next for Apple? With many wondering what the firm will bring to their perpetually popular iPhone line in the months to follow, it’s well worth keeping an eye on Cook and company towards the end of the year – as fall announcements are always likely on the cards.

Apple hits record-breaking $1 trillion mark
Apple hits record-breaking $1 trillion mark

10
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: CBS 5 SF KPIX - < > Embed
News video: Cupertino Residents React to Apple's Trillion-Dollar Milestone

▶ Cupertino Residents React to Apple's Trillion-Dollar Milestone 02:28

Apple Inc hit a market capitalization milestone, surpassing the $1 trillion mark on Thursday. Len Ramirez went to Cupertino to see what locals think of their hometown tech titan. (8-2-18)

Recent related news

Tim Cook is worth $625 million and leads a $1 trillion company — but he reportedly buys discounted underwear and prefers hiking to yachting

Tim Cook is worth $625 million and leads a $1 trillion company — but he reportedly buys discounted underwear and prefers hiking to yachting
· *Apple CEO Tim Cook's net worth is estimated to be $625.37 million.* · *That's mostly from Apple stock options.* · *But the native Alabaman doesn't live...
Business Insider - Technology

How Alphabet, Amazon, Apple, and Microsoft are shaking up healthcare — and what it means for the future of the industry (AAPL, GOOGL, MSFT, AMZN)

How Alphabet, Amazon, Apple, and Microsoft are shaking up healthcare — and what it means for the future of the industry (AAPL, GOOGL, MSFT, AMZN)
  · *The US spends over $3 trillion annually in healthcare costs — but providers can’t keep up with growing demand.* · *Health organizations are...
Business Insider - Technology

Stock Takes: Is Apple still worth a bite?

Stock Takes: Is Apple still worth a bite?
Technology stock Apple has become the world's first trillion-dollar public company but at US$207 ($310) a share does it still have more room to grow?Mark...
New Zealand Herald - Markets

Review: Thomas W. Malone tackles man, machines and progress in Superminds

Review: Thomas W. Malone tackles man, machines and progress in Superminds
As was pointed out when Apple became the first publicly-listed US company to reach a market value of $1 trillion this month, the tech giants of today often hold...
City A.M. - Business

You Might Like


Tweets about this


Other recent news in Business

Tesla sinks after ELON MUSK opens up about 'the most difficult and painful year' of his career (TSLA)GOOGLE employees protest secret work on censored search engine for China
GOLDMAN SACHS: AMERICA's largest companies are obsessed with 3 things that underscore why the rest of the year is going to be challengingMUSLIM who refused handshake in job interview wins discrimination case in Sweden

Recent related videos

Watch: Kris Jenner And Corey Gamble Engaged? She Hints They Are To James Corden [Video]Watch: Kris Jenner And Corey Gamble Engaged? She Hints They Are To James Corden

Kris Jenner and Corey Gamble have been dating for four years and the Keeping Up With The Kardashians matriarch recently sparked engagement rumors when she was spotted with a new diamond ring on her..

Star Magazine -

Entertaining Expert Mark Addison Shares Sangarita Cocktail Recipe That’s The Perfect Summer Drink [Video]Entertaining Expert Mark Addison Shares Sangarita Cocktail Recipe That’s The Perfect Summer Drink

In the video above, designer, author and entertaining expert Mark Addison shares his recipe for a light and tasty sangarita cocktail with Star! The beverage, which is featured in Mark’s new book,..

Star Magazine -

Imaginative parrot eats an air cookie [Video]Imaginative parrot eats an air cookie

Einstein the Talking Texan Parrot is a silly, smart, and popular parrot who loves to talk and entertain! He likes to have conversations with his owners, talking, doing animal sound imitations and..

Rumble Studio -

Can Video Kill the Audio Star? FT.com Analysis [Video]Can Video Kill the Audio Star? FT.com Analysis

► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Visit the Financial Times at: http://www.ft.com/video for more news on video calling, Skype, FaceTime and the future of video..

Financial Times -

•More original news reports from One News Page
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+  •  FOLLOW us on Pinterest