Apple Makes History, Becomes First U.S. Based Company To Hit $1 Trillion


Founded by Steve Jobs,Steve Wozniak, and Ronald Wayne, Apple has became the first U.S.-based company with a market value of $1 trillion, four decades after it was established.

The iPhone maker’s market value, on Thursday reached the figure in New York and its shares closed at a new record high of $207.39.

The stock has been rising since Tuesday when it reported better than expected results for the three months to June.

Apple beat Silicon Valley rivals such as Amazon and Microsoft to become the first to hit the $1 trillion valuation.

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