News

Actions

Apple could become the first trillion-dollar company

Apple could become the first trillion-dollar company
Posted
and last updated

(CNN) - With the number "one" 12-zeroes and the single biggest market valuation for any company in US history.

Apple's value could cross the trillion-dollar mark if Tuesday earnings report is strong enough.

It's currently worth roughly $935 billion.

Apple's stock would have to go up more than seven percent to hit the mark.

But if investors are sufficiently impressed with Tuesday’s report, it could be enough to push the company over the top.

Other tech giants are also nearing the trillion-dollar mark.

Amazon is worth just over $870 billion.

Alphabet, which owns Google, is valued at nearly $845 billion.

Microsoft is worth just under $815 billion.

In 2007, oil giant Petro-China became the world's first trillion-dollar publicly traded company, but its value now stands at just $220 billion.

Copyright 2018 CNN. All rights reserved.