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Apple Beats Amazon to $1 Trillion Market Cap

Adam Rogers
Apple Beats Amazon to $1 Trillion Market Cap

Last week, Apple (AAPL) became the first company in the United States to be valued at $1 trillion as per its market cap. Apple stock needed to reach $207.05 for it to breach the $1 trillion mark. Apple announced its fiscal third-quarter results last week, reporting revenue of $53.3 billion and EPS of $2.34.