APPLE BECOMES WORLD’S FIRST TRILLION DOLLARS COMPANY
** Apple shares hit the historic $1 trillion market value milestone Thursday.
The stock briefly hit the $207.05 per share price that was needed to bring it to the $1 trillion mark before retreating.
The shares have soared since reporting better-than-expected quarterly earnings on Tuesday after the bell. The stock jumped 5.9 percent on Wednesday and has continued higher Thursday.
Apple is the first publicly-traded U.S. company to hit a $1 trillion market capitalization. Amazon, which some analysts speculated would hit the milestone first, is second in value, worth $879 billion at last count on Thursday.