shares: Apple, co-founded to sell personal computers by the late Steve Jobs in 1976, became the first company to be valued at 1tn in August when its shares topped 207.05 for the first time, according to The Guardian. But on Friday, the shares were down 7%, falling below 206.50 at lunchtime in New York to take the company's stock market valuation under 1 trillion. The tech company's shares fell sharply on Friday as investors digested a slowing sales picture coupled with reduced financial transparency, after management said that from now on it would withhold the key sales measure from analysts. By close on Friday the shares had pared their losses to finish at 207.48 above the 1 trillion mark. Apple stock market value After Wall Street closed on Thursday, the Apple chief executive, Tim Cook, delivered a double dose of bad news at its quarterly sales update. Nonetheless, the shares were changing hands for 233 last month.
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