Aug 04 2018
Apple Inc. on Thursday became the first USA company to surpass $1 trillion in market value, underscoring the iPhone maker's explosive growth and its role in the technology industry's ascent to the forefront of the global economy and markets. Obviously, the stock market is extremely volatile, so shares might not remain at $207.05 for very long, but for now at least, Apple is technically worth $1 trillion.
The stock has risen more than 21 per cent this year and an eye-watering 50,000 per cent since it became a public company in 1980.
The company was co-founded by the late Steve Jobs, a product innovator who helped prevent the company's collapse in the late 1990s.
The race to a $1 trillion market cap - symbolic as it is - has been closely watched on Wall Street.
Spy agencies suspect North Korea building new missiles
North Korea has carried out a total of six nuclear tests, the most recent of which took place in September previous year . But they did not agree on details, which will be further discussed through working-level talks, the ministry said.
Judge issues order to stop release of 3-D plastic gun blueprints
Tom Wolf and the Pennsylvania State Police sued the company before its formal rollout of a downloadable gun program Wednesday. A federal judge on Tuesday stopped the release of blueprints to make untraceable and undetectable 3D-printed plastic guns.
Former Trump Campaign Chair Heads to Trial
After the swift selection of six men and six women to the jury, focuses immediately shifted to ensuing opening statements. Manafort is also charged in federal court in Washington with undisclosed foreign lobbying and money laundering.
Apple sold 43.1m iPhones in the June quarter, as customers flocked to its more expensive models like the iPhone X. The online sales company now has a market value of $880 billion dollars. Most of the people reading this are probably on an Apple device right now or own at least one product they have offered.
The iPhone maker was named as the only publicly listed U.S. company to be valued at $1,000,000,000,000 just before 5pm this afternoon.
It may have been the vision of Steve Jobs that hurtled Apple towards this milestone, but it was the business acumen of Tim Cook that tipped them over. 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. "Of course, one can argue that the slower gains leave more room for upside for Alphabet stock, but I think it's more a sign that the company simply doesn't have the fuel needed to sprint across the finish line". The social media giant's market cap has sunk to $492.46 billion, and it may take some time for them to hit a trillion. So who's going to pay for it? It is now worth about $200 billion, according to Thomson Reuters data.
Aug 04 2018
Mosquitoes with West Nile virus found in Louisville
Do not forget to drain water from tires, cans, flowerpots, clogged rain gutters, rain barrels, toys and puddles. The agency says an adult resident of the town of Mead fell ill on July 27 and was hospitalized the next day.
Aug 03 2018
Washington wins order preventing posting of 3D-printed gun plans
State Department forced it to remove materials related to the printable guns from its website under munitions export control laws. In 2013, Defense Distributed posted a YouTube video demonstrating what it said was a Liberator pistol made from 3D-printed parts.
Jul 31 2018
Google to launch Pixel Stand charging dock with Pixel 3
As well they should be - Google Pixel 2 is still one of the best camera phones in the world almost a year after initial release. This update has been rumored for a while now, and the advent of the Pixel Stand all but confirms it.
Jul 30 2018
Trump Threatens Government Shutdown if Congress Doesn’t Fund His Border Wall
Trump then claimed the United States has the "dumbest" and "worst" immigration laws in the world. Some Republican lawmakers doubted the government would be forced to shut down.
Jul 30 2018
President Trump threatens shutdown over wall, immigration
Lawmakers met with Trump last week to discuss the appropriations process to fund the government by the September deadline. Trump has requested US$25 billion to build a wall along the southern U.S. border with Mexico.
Jul 29 2018
Radar Shows Evidence of a Subterranean Lake on Mars
The location's radar profile resembled that of subglacial lakes found beneath Earth's Antarctic and Greenland ice sheets. Scientists have long known that Mars has water in the form of ice and certain minerals.
Jul 27 2018
Mexico President-Elect Tells Trump, We Need a New NAFTA with Development Fund
The Trump administration lobbied in June for individual trade deals with Canada and Mexico after three-way talks fizzled . Paris cited the results of research conducted by Earnscliffe Strategy Group for the Department of National Defence.
Jul 26 2018
Deschamps, Zidane on FIFA Coach of the Year shortlist
A host of national team coaches have been selected in the nomination process in the wake of their exploits in the 2018 FIFA World Cup .
Jul 25 2018
Syrian army pushes into Quneitra province
A second group of White Helmets and their families has been unable to reach the border, a Canadian government source told AFP . Israel's Haaretz daily said the evacuees also included orphans who had been injured in the Syrian fighting.
Jul 24 2018
Dennis Robertson Attended Kawhi Leonard's Meeting With Raptors
On Friday, Raptors team president Masai Ujiri apologized to DeRozan for leaving him with the impression he would not be traded. He said as long as he is in charge of the Raptors , he will do everything he can to celebrate DeRozan's Toronto tenure.
Aug 04 2018NASA Assigns Crews to First Commercial Spacecraft Flights
Aug 03 2018Google declares Android phones can have two notches at most
Aug 03 2018Deadline arrives for smoke-free Public Housing Authorities
Aug 01 2018Harley Davidson plans smaller bike with eye on India
Jul 31 2018LeBron regrets pressuring son by naming him LeBron Jr
Jul 31 2018Auto nations mull meeting without USA to discuss threat of tariffs
Jul 28 2018Liverpool Must Win After Spending Heavily - Jose Mourinho
Jul 27 2018‘Blood moon’: How to watch the longest lunar eclipse of the century
Jul 26 2018Latest Demi Lovato Developments Since Suspected Drug Overdose
Jul 25 2018Trump reacts to Cohen tape: "Your favorite president did nothing wrong!"
Aug 02 2018Crews report progress in fight against twin California fires
Aug 02 2018Facebook Shuts Down Accounts Trying To Influence Midterm US Elections
Aug 01 2018Jose Mourinho heavily criticizes Manchester United after pre-season loss
Jul 31 2018Zimbabweans vote in first election after Mugabe ouster
Jul 30 2018Three dead and seven hospitalized after a shooting in New Orleans
Jul 29 2018"find, test, treat millions" who have hepatitis
Jul 29 2018Cubs Trade For Cole Hamels
Jul 28 2018Facebook bans Infowars' Alex Jones for 30 days -- but he's still streaming
Jul 26 2018Jordan says to transfer Syria White Helmets to UK, Canada, Germany
Jul 25 2018Tesla pushes suppliers to return payments
Jul 24 2018Sony IMX586 Smartphone Camera Sensor With 48 Effective Megapixels Resolution Launched
Jul 24 2018South Korea Promotes Trade With Northern Neighbour Via Sanction Exception