After releasing its better than expected earnings report on Thursday, the stock price surged past the $1,000 per share mark for the first time in its trading history on Friday.
The Company’s market cap now sits at about $330 billion – yes, that’s a B- likely making it the second most valuable tech company in the world. You can Google who is the first on your iPhone!
When you consider that Apple has had about a 22 year head start on Google, it’s a pretty impressive position to be in.
Author: Jennifer Trowbridge, Stoecklein Law Group, LLP