Apple Reaches Trillion-Dollar Landmark
There you have it, Apple has become the first U.S. company to be valued at $1 trillion.
Apple's founders Steve Jobs & Steve Wozniak met when Jobs was still in high school, Wozniak says of the meeting:
"We first met in 1971 during my college years, while he was in high school. A friend said, 'you should meet Steve Jobs because he likes electronics, and he also plays pranks.' So he introduced us."
From being founded in Steve Job’s garage to revolutionizing computer and phone technologies, Apple has long dominated our daily lives.
2066 Crist Drive, Los Altos, California -- N 37o 20' x W122o 04'
Perhaps the world's most famous garage
Among all Americans who use smartphones, more than 40% use iPhones.
In recent years, Apple has tried to expand into other industries, such as its successful streaming service, Apple Music.
The tech company’s landmark valuation is not surprising, as other tech giants like Alphabet and Microsoft are all valued over $800 billion.
Apple is also not the first worldwide company to reach the landmark; in 2007, Chinese company PetroChina surpassed the trillion-dollar mark, but it quickly fell during the 2008 financial crisis.
Written by Michael Ding, Edited by Alexander Fleiss