“Holding your breath for Apple Inc. to break $1 trillion?” Sarah Ponczek reports for Bloomberg. “There’s a new magic number to fixate on. And it’s less than 3 percent away.”
“As of Wednesday, the price that would crown the iPhone maker the first U.S. company to surpass the milestone is $207.0425 a share,” Ponczek reports. “Anything above that — most likely, a trade at $207.05 — and the wait is over.”
Ponczek reports, “The new number came by way of Apple’s quarterly 10Q filing, published Wednesday and listing 4,829,926,000 shares as of July 20.”
Read more in the full article here.
MacDailyNews Take: We might put in an order for a share or two at $207.05 just to be part of the milestone.
Oh, what Steve hath wrought!
Apple updates share count as it closes in on $1 trillion valuation – August 1, 2018