Apple – the culture-changing company behind the iPod, iPhone and iPad – hit another milestone on Thursday, becoming the first private-sector company to surpass $1 trillion in market value.
Shares of Apple hit $207.91 in afternoon trading on Wall Street, allowing it to hit the magic number two days after the California tech giant reported strong quarterly earnings.
The landmark is the latest victory for Tim Cook, who faced scepticism when he took over as chief executive in 2011 from ailing iconic co-founder Steve Jobs.
Source: AFP – SBS Read more >>
