Its shares are now reportedly worth over $207. The worldwide success of Apple's iPhone X has boosted the value of the company allowing it to become the world's first trillion dollar company beating rivals Alphabet (Google's parent company), Microsoft and Amazon.
The US Steel Corporation was the first billion dollar company way back in 1901 and it took over fifty years before General Motors became the world's first ten billion dollar company. Since that time records have been tumbling more rapidly with IBM becoming the world's first 100 billion dollar company in 1987 and Microsoft taking the 500 billion dollar title in 1999.
It is certainly no surprise that technology companies have dominated the records in recent years as the Internet has expanded to become the world's main marketplace.
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