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Apple Just Became the First Company Worth $1 Trillion

Apple Just Became the First Company Worth $1 Trillion

Thanks in part to an incessantly shrinking float, Apple just became the first publicly-traded company to be worth more than $1 trillion…

The line in the sand was $207.05 (based on Apple’s most recently updated share count).

And once it tagged $207.05, the sellers hit…

And thanks to global ETF demand combined with a buyback-driven shrinking float and rising earnings…

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