Apple stock market cap hits $1trillion

Yup, thats 1 with 12 0s behind it.

Apple briefly hits the $1 trillion mark, becoming the first publicly traded company in the U.S. to reach 13 figures in terms of market value.

Apple shares topped $207 on Thursday, pushing the company to a market capitalization of $1 trillion. The share price first hits the magic number just before noon, before falling back to around $206, then rising past $207 again just after 1:30 p.m.

A company's market value is based on multiplying its current share price by the total number of shares investors hold.