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It's worth noting that this is the first U.S. company to hit $1 trillion, not in the world. Also, it's still intraday, so Apple has not technically reached that
by maxshmax 8y ago
It's worth noting that this is the first U.S. company to hit $1 trillion, not in the world. Also, it's still intraday, so Apple has not technically reached that point yet.
- JumpCrisscross 8y ago> this is the first U.S. company to hit $1 trillion What's the other one?
- indy 8y agoNorway’s sovereign wealth fund is (or was?) worth over $1 trillion
- Analemma_ 8y agoCan I buy shares in Norway’s sovereign wealth fund as an American? If not, it’s not really a meaningful comparison.
- maxshmax 8y agoPetroChina did it in 2007: https://www.marketwatch.com/story/petrochina-soars-to-1-trillion-market-cap-in-debut https://www.marketwatch.com/story/petrochina-soars-to-1-tril... *edited to include link
- yesforwhat 8y agoincluding state owned companies, which is really just government assets themselves, isn't really relevant.
- spacehome 8y agoApple is the first public company to reach a trillion. There are arguments that Aramco is worth vastly more, but it's not publicly traded, so it's hard to put a number on it.
- a5huynh 8y agoI believe Saudi Aramco and PetroChina have passed the $1T mark. Historically, adjusting for inflation there are also some really big ones: https://www.fool.com/investing/general/2012/08/22/a-history-of-ridiculously-big-companies.aspx https://www.fool.com/investing/general/2012/08/22/a-history-...
- Kiro 8y agoWhat? No, Apple is the first in the world.