Apple eyeballs that $1 trillion mark


Apple today posted its third quarter results, and the company’s massive growth continues unabated. Assuming this continues, it could become the first American company to be worth $1 trillion. Based on the company’s report, the iPhone and Apple services represented the largest growth in revenue for the company. Overall, the company is currently worth $935.3 billion, and stock would only need to rise about 7 percent for it to hit the 12 zero milestone. Since the company is planning to release a veritable smorgasbord of new iPhones soon, including a relatively cheap $550 model — assuming the rumors are true — it’s possible this year’s showing…

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