Step 1 : Introduction to the question "Which company recently became the world's first trillion-dollar corporation?"
Apple became the world’s first trillion-dollar company earlier this month, as a rise in its share price pushed it past the landmark valuation. The iMac to iPhone company, co-founded to sell personal computers by the late Steve Jobs in 1976, reached the historic milestone as its shares hit $207.05, on August 2, 2018. The company hit a $1 trillion market capitalization 42 years after Apple was founded and 117 years after US Steel became the first company to be valued at $1 billion in 1901. It means Apple’s stock market value is now larger than the economies of Turkey and Switzerland.
