San Francisco | Apple became the first USbased company with a market value of $US1 trillion, four decades after it was co-founded by Steve Jobs in a Silicon Valley garage and later revolutionised the worlds of computing, music and mobile communications.
The consumer-technology giant touched the milestone at 11.48am in New York trading Thursday (Friday AEST), 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. Other tech giants are not far behind Apple today, with Amazon., Alphabet and Microsoft worth more than $US800 billion each.
