RUMOR MILL
Friday, August 3, 2018
APPLE HITS $1 TRILLION
Well, that was fast. Almost immediately after market-watchers noted a stock price that would indicate Apple had hit a $1 trillion market capitalization, the company hit that benchmark on 8/2.
The news follows a robust Q3 report from Cupertino that underscored the huge growth in its services sector (which includes Apple Music). According to a filing from 7/20 the company has 4,829,926,000 shares in circulation. A stock price of $207.05 would cause it to reach the magic number (we'd double-check that but our abacus is broken).
At the moment the company's stock is trading at or around $208.
In a probably unrelated story, the U.S. deficit is also worth $1 trillion.
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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A CHORUS OF PRAISE: IVORS 2024 NOMSrumor mail
