Apple Inc. has published its latest share count today, putting the stock price at $207.04, which would make the iPhone maker the first publicly listed U.S. company valued at $1 trillion.
Apple said in a quarterly filing to the Securities and Exchange Commission(SEC), that its share count was 4,829,926,000 on July 20, less than the 4,842,917,000 it reported on Tuesday for the end of the June quarter.
Apple’s stock rose 5.89 percent to an unprecedented close of $201.50 on Wednesday following the company’s quarterly results. That would put Apple’s stock market value at $973 billion, based on its newly revealed share number.
A lower share count means Apple’s stock must reach a higher price to reach a $1 trillion market capitalization.