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Apple first company in history worth $1 trillion

Staff Writer | August 2, 2018
Apple has become the world's first public company to be worth $1 trillion.
Tim Cook
Technology   Apple CEO Tim Cook
The company edged over the $US1 trillion mark as it continued to gain after its strong quarterly earnings report earlier this week.

Started in the garage of co-founder Steve Jobs in 1976, Apple has pushed its revenue beyond the value of the economies of most developed countries. Its market value is more than five times the value of the New Zealand economy.

The Silicon Valley stalwart's stock has surged more than 50,000 percent since its 1980 initial public offering.