Apple briefly hit the $1 trillion mark, becoming the first publicly traded company in the U.S.to reach 13 figures in terms of market value.
The iPhone-maker's shares struck an all-time high of $207.05 during trading in NY, pushing its market capitalisation past the landmark trillion-dollar level to $1.02 trillion.
Since the death of legendary Apple co-founder and pitchman Steve Jobs in 2011, analysts have watched for the company to wow the world with the next "big thing" that will shake up culture and fuel revenue like the Macintosh, the iPod or the iPhone.
To put $1 trillion into perspective, that would be enough to spend $1 million per day for thousands of years. "Given our confidence in Apple's future, we are very happy to announce that our Board has approved a new $100 billion share repurchase authorization and a 16 percent increase in our quarterly dividend", he added.
Apple sold 43.1m iPhones in the June quarter, as customers flocked to its more expensive models like the iPhone X.
Behind Apple are Amazon, Google parent Alphabet, Microsoft and Facebook. In a call with investors, CEO Tim Cook also touted growth in other areas such as smart home products, wearables, and services like the App Store and Apple Pay. For those who like visuals, in numerals that is 1,000,000,000,000. Apple is the first United States company to reach that lofty level.
"Steve founded Apple on the belief that the power of human creativity can solve even the biggest challenges - and that the people who are insane enough to think they can change the world are the ones who do", Cook wrote.
Whether or not Apple can retain this market cap - or close to it - in the long run remains to be seen.
Apple, which has seen its stock surge more than 50,000% since its stock market listing in 1980, has struggled to produce a product that replicates the success of the iPhone.
Today's chart shows this milestone - as well as numerous ones before it - through a period of over 200 years of USA market history. Shares of Apple this week traded at about 15 times expected earnings, compared with Amazon at 82 times earnings and Microsoft at 25 times earnings.
The milestone marks the financial fruit of stylish technology that has redefined society since two mavericks named Steve started the company 42 years ago. That's not only fair; it's a more sustainable approach, too, and perhaps even admirably old-fashioned. It is now worth about $200 billion, according to Thomson Reuters data.
Special counsel Robert Mueller later indicted the IRA for its "strategic goal to sow discord in the USA political system". It said that there were more than 9,500 Facebook posts created by the accounts and one piece of content on Instagram .
Filmmaker Ali Abbas Zafar said he will announce the leading lady for his upcoming directorial Bharat soon. It was a little unprofessional of her to do it so suddenly, "mid-day quoted Nikhil Namit as saying".
In Maryland, more than 1,600 BGE customers were without power including 633 customers in Anne Arundel County. Meteorologists said an inch of rain fell within 15 minutes. "There may be a patch of sunshine", Lessor said.
The videos that led Facebook to impose the short posting ban are believed to be the same ones that led YouTube to act. When a page gets a certain number of strikes (Facebook did not provide a specific number), the page is unpublished.
"If we are not able to be consistent and be there to win the title. football trainers are always in a unsafe position". Rewind further to 2016/17 and again they recorded the same total of wins in their first 15 games as their last: nine.
North Korea has carried out a total of six nuclear tests, the most recent of which took place in September past year . He declined to say whether Pyongyang is building new missiles. "Things don't change overnight", Conway later added.
Housing remained a weak spot in the economy amid signs that the sector is poised for its broadest slowdown in years. It's also more than double the 2 percent annualized growth reported in 2018's first quarter.
Less than one percent of those infected develop serious illness of the nervous system like encephalitis or meningitis. Last year, Toronto Public Health did not record the first lab-confirmed case of West Nile virus until August 25.
Jerry Brown declared a state of emergency Saturday evening for the fires. "So we have a long way to go in this fire season". Unlike the Carr Fire , authorities don't know what started Ferguson, which has now engulfed more than 58,000 acres.
All of them said they voted for Trump and claimed that the trade policies were negatively impacting their bottom lines. USA soybean production has doubled since the mid-1990s and total exports have doubled since the mid-2000s.
Red Bull and Renault's relationship has been fractured throughout the V6 turbo era, which started in 2014. "No power, no power", he said, before becoming more irate at the situation: "Can I not just keep going".
He added that while Russian Federation has attempted to influence campaigns in the past, "they stepped up their game in 2016". Stewart said when he made his predictions, he was asked about who he thought Russian Federation wanted to win the election.
According to NASA scientists: "The exact color that the moon appears depends on the amount of dust and clouds in the atmosphere". The total eclipse will begin at 1 am (July 28) and soon the moon will appear to turn red, looking the darkest at 01.52 am.
While you have to wait for our full review of the Mi A2, we already have an unboxing video ready for the smartphone. The Xiaomi Mi A2 duo is first launching in Spain and then the company will follow its expansion plan.
On the first operational mission to the International Space Station, Sunita Williams and Josh Cassada would fly for Boeing . SpaceX's Post-Certification Mission for the Crew Dragon Team Victor Glover (left) and Mike Hopkins (right).
According to the release, smoking in any area where it is not allowed will be treated as a "lease violation". The Housing and Urban Development website's guide for local housing authorities includes strict procedures.
Criminals in the comfort of their own homes could fire up their computer, download a file and use a printer to make a gun. In June, the State Department, now led by Trump Secretary of State Mike Pompeo , settled the case with Wilson.
Rudy Giuliani, the president's personal lawyer, has indicated that Mr Trump could pardon Mr Manafort should he be found guilty. But Manafort doesn't appear to have "valuable enough information to make these charges go away altogether", Griffin said.
Leading up to the new stricter privacy rules, Facebook notified users across Europe of pending changes to its privacy policies. Net income was $5.11 billion, or $1.74 a share, beating analysts' estimate of $1.71 a share.
And it's after that that her team said she was beginning to feel the pressure of being a teenage role model . The pop star made the revelation about the setback in a single, " Sober ", released late last month.
Israeli forces carried out the rescue on Saturday night following a request from the "US, Canada, and European Union countries". The ministry's spokesman Mohammed al-Kayed said the Syrians would remain in Jordan for three months.
Pricing and Availability: Sony says samples of the new sensor are set to ship in September 2018 for 3,000 JPY (26.93 USD). KitGuru Says: There always seems to be a focus on images, when smartphones are frequently used to record videos too.
The Organisation for the Prohibition of Chemical Weapons (OPCW) will analyse the substance before reporting back its conclusions. Charlie was admitted to Salisbury District Hospital on Saturday June 30th, following exposure to the nerve agent, novichok .