Apple Inc. became the first U.S.-based company with a market value of $1 trillion, four decades after it was co-founded by Steve Jobs in a Silicon Valley garage and later revolutionized the worlds of computing, music, and mobile communications.
The consumer-technology giant briefly touched the milestone around midday in New York trading on Aug. 2, based on share count data the company disclosed in a regulatory filing. PetroChina Co. briefly crossed that valuation in late 2007 but slumped quickly as oil prices collapsed in the financial crisis.
