Apple has become the world’s first publicly traded company to be valued at US$1 trillion (NZ$1.48 trillion).
One trillion dollars is a lot of money!
That is a million million dollars
It is five times the GDP of New Zealand.
It is 5% of the entire GDP of the United States – in one company.
It is around half the GDP of Africa.
It is around US$140 for every person living.
15 years ago an Apple share was $1.50. Back in 1997 they were almost bankrupt. Today it is $207.
If you purchase $10,000 of Apple shares 15 years ago, they would be worth $1.38 million today.
A remarkable success story.