Apple is 1st Public US Company to be Valued at $1 Trillion

Apple made history Thursday when it became the first publicly listed U.S. company to be valued at $1 trillion.

The tech giant’s share price climbed well over 2 percent in mid-session trading, boosting it about 9 percent higher since Tuesday, when it announced better-than-expected second-quarter earnings and a buyback of $20 billion worth of its own shares.

The Silicon Valley company’s stock has skyrocketed more than 50,000 percent since it went public in 1980, greatly exceeding the S&P 500’s impressive 2,000 percent gain during the same period.

Apple’s success was fueled in large part by its iPhone, which transformed it from a niche player in the burgeoning personal computer sector into a global technological powerhouse.

The company was co-founded by the late Steve Jobs, a product innovator who helped prevent the company’s collapse in the late 1990s.

As the company’s market value climbed over the decades, it revolutionized how consumers communicate with each other and how companies conduct business on a daily basis.

 

From: MeNeedIt

Apple is 1st Public US Company to be Valued at $1 Trillion

Apple made history Thursday when it became the first publicly listed U.S. company to be valued at $1 trillion.

The tech giant’s share price climbed well over 2 percent in mid-session trading, boosting it about 9 percent higher since Tuesday, when it announced better-than-expected second-quarter earnings and a buyback of $20 billion worth of its own shares.

The Silicon Valley company’s stock has skyrocketed more than 50,000 percent since it went public in 1980, greatly exceeding the S&P 500’s impressive 2,000 percent gain during the same period.

Apple’s success was fueled in large part by its iPhone, which transformed it from a niche player in the burgeoning personal computer sector into a global technological powerhouse.

The company was co-founded by the late Steve Jobs, a product innovator who helped prevent the company’s collapse in the late 1990s.

As the company’s market value climbed over the decades, it revolutionized how consumers communicate with each other and how companies conduct business on a daily basis.

 

From: MeNeedIt

Apple is 1st Public US Company to be Valued at $1 Trillion

Apple made history Thursday when it became the first publicly listed U.S. company to be valued at $1 trillion.

The tech giant’s share price climbed well over 2 percent in mid-session trading, boosting it about 9 percent higher since Tuesday, when it announced better-than-expected second-quarter earnings and a buyback of $20 billion worth of its own shares.

The Silicon Valley company’s stock has skyrocketed more than 50,000 percent since it went public in 1980, greatly exceeding the S&P 500’s impressive 2,000 percent gain during the same period.

Apple’s success was fueled in large part by its iPhone, which transformed it from a niche player in the burgeoning personal computer sector into a global technological powerhouse.

The company was co-founded by the late Steve Jobs, a product innovator who helped prevent the company’s collapse in the late 1990s.

As the company’s market value climbed over the decades, it revolutionized how consumers communicate with each other and how companies conduct business on a daily basis.

 

From: MeNeedIt

Apple is 1st Public US Company to be Valued at $1 Trillion

Apple made history Thursday when it became the first publicly listed U.S. company to be valued at $1 trillion.

The tech giant’s share price climbed well over 2 percent in mid-session trading, boosting it about 9 percent higher since Tuesday, when it announced better-than-expected second-quarter earnings and a buyback of $20 billion worth of its own shares.

The Silicon Valley company’s stock has skyrocketed more than 50,000 percent since it went public in 1980, greatly exceeding the S&P 500’s impressive 2,000 percent gain during the same period.

Apple’s success was fueled in large part by its iPhone, which transformed it from a niche player in the burgeoning personal computer sector into a global technological powerhouse.

The company was co-founded by the late Steve Jobs, a product innovator who helped prevent the company’s collapse in the late 1990s.

As the company’s market value climbed over the decades, it revolutionized how consumers communicate with each other and how companies conduct business on a daily basis.

 

From: MeNeedIt

WHO Quick-Starts Efforts to Tackle New Ebola Outbreak in Congo

The World Health Organization says expert staff and equipment have been sent to northeastern Democratic Republic of Congo to quick-start the process of combating a new outbreak of Ebola.The last outbreak of this fatal virus in Congo was declared over just a week ago.

Ebola is a constant threat in the Democratic Republic of Congo as the virus thrives in heavily forested areas. This latest outbreak is the 10th since the first one was discovered in 1976.

The World Health Organization says this new outbreak in North Kivu province is 2,500 kilometers away from Equateur Province, the site of the previous outbreak, and there is no link between the two.

WHO spokesman Tarik Jasarevic says the DRC Ministry of Health informed WHO Wednesday that four of six samples taken in North Kivu tested positive for Ebola virus.

He says it is crucial to gain access to the area as quickly as possible.He says having people and material in the country from the outbreak in Equateur is very helpful in tackling the outbreak.

“We really need to get into the area to do epidemiological investigations, try to find cases, try to work with health workers, to strengthen infection prevention and control measures and also to start with the contact tracing,” he said. “It is, on the other hand, worrying that this area is a conflict zone.It is an area with lots of displacement, so the access can be hampered in that way.”

The virus was discovered in a village near the city of Beni in North Kivu, which hosts more than one million displaced people. The province shares borders with Rwanda and Uganda, with a lot of cross border movement due to brisk trade.

Jasarevic says WHO will work with these neighboring countries to try to prevent the virus from crossing over.

He says identifying the type of Ebola virus that is circulating is a priority, as that will tell scientists whether the vaccine used to help contain the outbreak in Equateur province can also be used in North Kivu.

From: MeNeedIt

WHO Quick-Starts Efforts to Tackle New Ebola Outbreak in Congo

The World Health Organization says expert staff and equipment have been sent to northeastern Democratic Republic of Congo to quick-start the process of combating a new outbreak of Ebola.The last outbreak of this fatal virus in Congo was declared over just a week ago.

Ebola is a constant threat in the Democratic Republic of Congo as the virus thrives in heavily forested areas. This latest outbreak is the 10th since the first one was discovered in 1976.

The World Health Organization says this new outbreak in North Kivu province is 2,500 kilometers away from Equateur Province, the site of the previous outbreak, and there is no link between the two.

WHO spokesman Tarik Jasarevic says the DRC Ministry of Health informed WHO Wednesday that four of six samples taken in North Kivu tested positive for Ebola virus.

He says it is crucial to gain access to the area as quickly as possible.He says having people and material in the country from the outbreak in Equateur is very helpful in tackling the outbreak.

“We really need to get into the area to do epidemiological investigations, try to find cases, try to work with health workers, to strengthen infection prevention and control measures and also to start with the contact tracing,” he said. “It is, on the other hand, worrying that this area is a conflict zone.It is an area with lots of displacement, so the access can be hampered in that way.”

The virus was discovered in a village near the city of Beni in North Kivu, which hosts more than one million displaced people. The province shares borders with Rwanda and Uganda, with a lot of cross border movement due to brisk trade.

Jasarevic says WHO will work with these neighboring countries to try to prevent the virus from crossing over.

He says identifying the type of Ebola virus that is circulating is a priority, as that will tell scientists whether the vaccine used to help contain the outbreak in Equateur province can also be used in North Kivu.

From: MeNeedIt

WHO Quick-Starts Efforts to Tackle New Ebola Outbreak in Congo

The World Health Organization says expert staff and equipment have been sent to northeastern Democratic Republic of Congo to quick-start the process of combating a new outbreak of Ebola.The last outbreak of this fatal virus in Congo was declared over just a week ago.

Ebola is a constant threat in the Democratic Republic of Congo as the virus thrives in heavily forested areas. This latest outbreak is the 10th since the first one was discovered in 1976.

The World Health Organization says this new outbreak in North Kivu province is 2,500 kilometers away from Equateur Province, the site of the previous outbreak, and there is no link between the two.

WHO spokesman Tarik Jasarevic says the DRC Ministry of Health informed WHO Wednesday that four of six samples taken in North Kivu tested positive for Ebola virus.

He says it is crucial to gain access to the area as quickly as possible.He says having people and material in the country from the outbreak in Equateur is very helpful in tackling the outbreak.

“We really need to get into the area to do epidemiological investigations, try to find cases, try to work with health workers, to strengthen infection prevention and control measures and also to start with the contact tracing,” he said. “It is, on the other hand, worrying that this area is a conflict zone.It is an area with lots of displacement, so the access can be hampered in that way.”

The virus was discovered in a village near the city of Beni in North Kivu, which hosts more than one million displaced people. The province shares borders with Rwanda and Uganda, with a lot of cross border movement due to brisk trade.

Jasarevic says WHO will work with these neighboring countries to try to prevent the virus from crossing over.

He says identifying the type of Ebola virus that is circulating is a priority, as that will tell scientists whether the vaccine used to help contain the outbreak in Equateur province can also be used in North Kivu.

From: MeNeedIt