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Apple has become America's first trillion-dollar company

We're pretty keen on Android news here, but some things outside our immediate purview are significant enough to be worth mentioning. Here's one: today, Apple became the first US company to surpass a total market capitalization of $1 trillion (trillion as in a thousand billions).

Market capitalization, or market cap, is the total combined value of all of a publicly traded company's outstanding shares. Apple's stock price climbed to a new high of $208.38 around 2 p.m., Eastern time today, pushing its market cap past that $1 trillion mark.

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Apple has become America's first trillion-dollar company was written by the awesome team at Android Police.



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