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U.S. tech giant Apple became the first American company that saw its market cap hit 1 trillion U.S. dollars in the U.S. history.
美国科技巨头苹果公司成为美国历史上首个市值达到1万亿美元的公司。
Investors1 pushed Apple's market capitalization over the 1-trillion-dollar threshold amid expectations of new iPhones to be launched this fall, plus a record third-quarter financial report that the California-based company garnered2 a whopping 53.3 billion dollars in revenue.
Apple gained 11.5 billion dollars in profit, a growth of 32 percent in profit over the same period of last year.
The Silicon3 Valley giant's stock has grown by more than 50,000 percent since it was first publicly listed on U.S. stock market in 1980, and its current market value outgrows4 the combined capitalization of U.S. oil behemoth Exxon Mobile Corporation, top U.S. telecom operator AT&T, and American multi-national consumer goods company Procter & Gamble.
The Apple business empire, which started from scratch at a garage by its founder5 Steve Jobs in 1976, has evolved from a traditional manufacturer of Mac personal computers into a leader in mobile telecom industry after it launched the revolutionary iPhone in 2007 that completely changed people's way of communication and defined the development orientation6 of cell phone devices.
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