Computing and mobile phone giant beats Amazon to landmark after its shares hit $207.05

Apple became the world’s first trillion-dollar company on Thursday, as a rise in its share price pushed it past the landmark before its closest rival for the honour, retail giant Amazon.

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, the day after it posted strong financial results. Apple’s share price has grown 2,000% since Tim Cook replaced Jobs at chief executive in 2011.

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