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Apple has become the first USA listed company to be valued at over 1 trillion dollars.
Petrol China became the first company to be valued at 1 trillion in 2007 but now its value is around $2 billion.
The company was set up in co-founder Steve Jobs’ garage in California in 1976.
Apple’s stock value has been increasing since it was listed in 1986 to over 500,000 per cent.
After being sacked from the company, Steve Jobs return to Apple has played a major role in the turnaround of the company as the company was on the verge of going bankrupt.
Formerly called Apple Computer Company, Jobs dropped the Computer from the company’s name.
The launch of the iPhone in 2007 placed Apple among the technology giants in the world.
Amazon and Alphabet are other American companies that are likely to reach the same feat soon.
