Apple, the first private company worth $ 1000 billion in the stock market


Apple, the American group known for revolutionizing the world of computers with its phones and tablets, became Thursday the first private company worth more than $ 1 trillion in stock market.

This symbolic course was crossed when the action reached around 15H50 GMT the price of 207.05 dollars on Wall Street.

PetroChina, a state-owned company, briefly broke through the $ 1,000 billion mark in 2007 when it was floated on the stock market, but soon fell back.

Although technically this step is not meaningful, Wall Street brokers and investors like the symbol of round numbers.

"The $ 1 billion mark is mostly psychological by sending a message of growth and importance to the market," said Howard Silverblatt, index specialist for S & P Dow Jones Indices.

The Californian group has again demonstrated this week its insolent health by announcing a 20% increase in its turnover in the second quarter thanks to the iPhone 8 and especially the iPhone X, including the price begins in the United States at nearly $ 1,000.

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lettifi mohamed saber

Journalist-Editor of the ALG24 website since December 2016. In the press since March 2014. Specialized in security and political information. E-mail: lettifimohamedsaber@gmail.com Phone number: 066 29 881 61

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