Apple briefly fell below its $1 trillion market cap in after-hours trading Thursday following its earnings report. The company made history this summer when it became the first U. S. public company to hit the $1 trillion market cap mark.
Apple briefly fell below its $1 trillion market cap after hours on Thursday after reporting its fourth quarter earnings.
The stock was down on weak guidance and slipped even further after the company reported it would no longer report iPhone, iPad and Mac unit sales. It bounced around after hours, remaining below the $1 trillion market cap for several minutes before emerging just above the threshold.
Apple made history in August when it became the first U. S. public company to reach the $1 trillion market cap. But could slip even further below that market cap tomorrow when the company files a new share count.