The computer and mobile phone giant, co-founded to sell personal computers by the late Steve Jobs in 1976, reached the watermark after its shares hit $207.05, the day after it posted strong financial results.
Buoyed by a stronger than expected earnings report for the second quarter on Tuesday, Apple became the first American company ever to be worth $1 trillion Thursday. Companies typically do so when they consider their stock to be undervalued-or to return funding to investors. The company also boosted its revenue from services, including Apple Music and the app store. Stock buybacks reduce the number of shares a company has on the open market, driving up the price of the remaining shares. The iPhone maker became the first company to reach this valuation.
Five die as relentless Northern California Carr Fire spreads in all directions
A 32-year-old man has been arrested and charged with 15 arson counts, though it is still unclear if he started the Carr fire . Thursday night CAL FIRE reported the fire had burned 28,000 acres. "The Carr fire, at times, experienced all three combined".
In the almost more than four decades since Steve Jobs founded the company in a California garage, Apple has become almost synonymous with personal computing and mobile devices.
Apple's Earnings Per Share (EPS) grew by 40 percent year over year, and revenue grew by 17 percent year over year.
Tense Zimbabwe Awaits Vote Results After Troops Fire On Protestors
The EU mission said this is a preliminary statement and more is expected on how the election results are handled and announced. The ruling ZANU-PF party won a majority of seats in Parliament, the electoral commission said.
SAN FRANCISCO-Apple Inc. became the first $1-trillion publicly listed United States company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone that transformed it from a niche player in personal computers into a global powerhouse spanning entertainment and communications. Its net cash stood at $129 billion, according to Moody's analyst Stephen Sohn.
- CBS News' Alain Sherter contributed reporting.
Manchin is first Democratic senator to meet with Kavanaugh
Kavanaugh also said that during his tenure they started weekly meetings with Bush and a few others to discuss speeches. Bush Presidential Library that doesn't include Kavanaugh's three years as White House staff secretary under Bush.