Unic Press UK: Apple has become the first publicly traded company with a market value of $1 trillion as its share price gained $5.89, closing at $207.39 on the Thursday.
A few days ago, the company announced their financial results for the fiscal 2018 third quarter ended June 30, 2018, in which it generated a quarterly revenue of $53.3 billion, an increase of 17 percent from the year-ago quarter.
In a statement with regard to the company’s 2018 third quarter report, Tim Cook, Apple’s CEO, said:
“We’re thrilled to report Apple’s best June quarter ever, and our fourth consecutive quarter of double-digit revenue growth. Our Q3 results were driven by continued strong sales of iPhone, Services and Wearables, and we are very excited about the products and services in our pipeline.”
