Apple is the first United States company worth $1 trillion (AAPL)

Apple is the first United States company worth $1 trillion (AAPL)

Apple is the first United States company worth $1 trillion (AAPL)

During that time, Apple evolved from selling Mac personal computers to becoming an architect of the mobile revolution with a cult-like following.

Apple's services division alone is on pace to generate about $35 billion in revenue this fiscal year - more than all but a few dozen USA companies churn out annually.

Market capitalization, or market cap, is the total combined value of all of a publicly traded company's outstanding shares.

For context, passing the $1 trillion mark means Apple now has a value greater than the gross domestic product of all but 26 major countries; its value is higher than the GDP of Argentina, the Netherlands, Sweden, and Switzerland, among others, according to the CIA's World Factbook.

The California-based company born of a friendship between Steve Wozniak and the late Steve Jobs is credited with giving rise to smartphone lifestyles and "apps" for almost everything. The company is also working on a new magazine subscription service, Bloomberg reported earlier this year.

Apart from Apple it seems Amazon is also expected to reach the $1 trillion mark soon.

Let's keep in mind that Canada was established as a nation way back in 1867 and Apple has only been around since 1976 when co-founder Steve Jobs started running the company in his garage.

Unshaken by doubts, Thomas wins first Tour de France title
Second place went to Tom Dumolin (Holland, Sunweb), who lost to the victor 1 minute and 51 seconds. Geraint Thomas never flinched at whatever fans - or his rivals - threw at him or Team Sky .

Israel and Jordan kill Islamic State fighters flushed out of Syria
Israel has killed seven Syrian fighters it believed were about to carry out an attack on the Golan Heights for Islamic State. A spokesman for Russia's defense ministry said Russian troops will only maintain patrols until the region is stabilized.

Spotify Removes Some Alex Jones Podcasts for Violating Its 'Hate Content' Policy
He was sued for defamation by families of some of the children killed in that attack, which left 20 children and six adults dead. Responding to the Spotify action on his podcast, Jones said it was "what I expect". "I was born in censorship".

Holy sh*t, Apple has really done it.

April 2003: Apple opens its online iTunes store for digital content, pricing music at 99 cents per song for iPods.

But the phenomenal success of the iPhone led competitors to mirror certain features like touch-screens featuring rows of colorful icons - and prompted Apple to pursue those competitors in court.

Apple's huge growth, is largely thanks to the introduction of its portable devices, in 2001, when the iPod was launched the firm was valued at just $6 billion, this propelled the firm to $106 billion by the time iPhone was introduced.

January 2010: Apple introduces the iPad.

Apple's stock has climbed by 23 percent so far this year, compared to a 6 percent gain for the Standard & Poor's 500 index. Apple's AirPods headphones and Apple Watch are unique wireless products that fully work only with iPhones.

Apple said it expects revenue of $60 billion to $62 billion for the fiscal fourth quarter that ends in September 30.

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