Current Affairs Business

Apple Becomes 1st US-Based Company With Market Value Of $1 Trillion

Category : Business

 Apple Inc. became the first US-based company with a market value of $1 trillion, four decades after it was co-founded by Steve Jobs in a Silicon Valley garage. The consumer-technology giant briefly touched the milestone in New York, based on share count data the company disclosed in a recent regulatory filing. PetroChina Co. briefly crossed that valuation in late 2007 but slumped quickly as oil prices collapsed in the financial crisis. Since its inception in 1976, Apple has consistently re-imagined what a computer can be and defined how humans interact with devices and software. 
Source- The Livemint


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