# Watch: Apple Inc. on Track to Become First Trillion-Dollar Company

Published 2018-05-08 · Updated 2026-03-19 · Retail on MarketScale
Canonical: https://www.marketscale.com/industries/retail/watch-apple-inc-track-become-first-trillion-dollar-company

> Apple’s stock rose 1 percent on Monday, raising the company’s market cap to an estimated $908 billion. The company sold more than 50 million iPhones last year, which accounted for $38 billion of the company’s $61.14 billion revenue. Apple is the only U.S. company to come close to the trillion-dollar threshold.accounting

Apple’s stock rose 1 percent on Monday, raising the company’s market cap to an estimated $908 billion. The company sold more than 50 million iPhones last year, which accounted for $38 billion of the company’s $61.14 billion revenue. Apple is the only U.S. company to come close to the trillion-dollar threshold.accounting

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