That's not what is says. Particularly, that period you put in isn't where the sentence ends, the full sentence is:

"The judicial power of the United States, shall be vested in one Supreme Court, and in such inferior courts as the Congress may from time to time ordain and establish."

Further, the jurisdiction of the Supreme Court is defined in Art. III, Sec. 2: "In all cases affecting ambassadors, other public ministers and consuls, and those in which a state shall be party, the Supreme Court shall have original jurisdiction. In all the other cases before mentioned, the Supreme Court shall have appellate jurisdiction, both as to law and fact, with such exceptions, and under such regulations as the Congress shall make."

The Exceptions Clause is significant.

The Supreme Court has ultimate appellate jurisdiction over all federal courts and over state court cases involving issues of federal law.

Incorrect. The appellate jurisdiction of the Supreme Court is "confined within such limits as Congress sees fit to describe." The Francis Wright, 105 U.S. 381 (1881), at 386.