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The Closing Bell: Apple Hits $1 Trillion Mark, Boosts Nasdaq And S&P
FYI: U.S. stocks traded mostly higher on Thursday, as investors set aside concerns over trade issues between the U.S. and China and focused on a batch of corporate results that largely beat expectations.
Both the S&P 500 and the Nasdaq Composite were lifted by a rally in technology stocks, as Apple Inc. briefly crossed the threshold necessary to give it a $1 trillion market cap. Regards, Ted
Keep in mind that about 20 years ago, when Apple was hitting bottom, GE was the largest company in the US if not the world. Now GE is in shambles with no end in sight. My, how the tables turn.
Round and round she goes. Don’t know what ever became of Commodore. The 64 was by all accounts a pretty slick machine. But couldn’t afford one.
Re Ted - No one really knows. And he’s not talking. About as obscure as that two-hour Trump / Putin meeting. (But hopefully Ted runs with a better crowd.)
Comments
https://cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html
Meanwhile Apple employs 123,000: https://statista.com/statistics/273439/number-of-employees-of-apple-since-2005/
Even more remarkable, if Apple were a country's market, it would be worth more than Brazil's, South Africa's and the Netherlands' and right behind Korea's, making it the 13th largest market in the world for one company:
https://indexmundi.com/facts/indicators/CM.MKT.LCAP.CD/rankings
Round and round she goes. Don’t know what ever became of Commodore. The 64 was by all accounts a pretty slick machine. But couldn’t afford one.
Re Ted - No one really knows. And he’s not talking. About as obscure as that two-hour Trump / Putin meeting.
(But hopefully Ted runs with a better crowd.)