That wealth creation exceeds the current market value of every publicly traded USA company except Amazon, Microsoft and Google's parent, Alphabet. As of about 1:37 PM ET on Thursday, Apple was trading at about $207.42 per share, a bit above the magic number of $207.05 that sent the stock's market capitalization over $1 trillion.
Apple which is also considered as one of the most valuable company has emerged as the first company in United States stock market history to reach $1 trillion market valuation.
Mr Jobs, who died in 2011 and was succeeded as chief executive by Tim Cook, oversaw the development of the iPhone, which transformed Apple's fortunes. "We returned nearly $25 billion to investors through our capital return program during the quarter, including $20 billion in share repurchases".
Apple's stock has been buoyant ever since it released its fiscal Q3 earnings, which were mostly positive for the company.
July 2008: Apple launches the online App Store to sell applications for the iPhone and iPod Touch.
Back in 1997, the feat they reached today seemed unimaginable as the Toronto Star writes that their stock was being traded at less than $1.
Apple shares rose over three percent on a strong earnings report published earlier this week.
Other tech giants have approached $1 trillion in market cap, but still lag behind Apple.
Founder Steve Jobs' return to Apple in the late-1990s helped turned around the company's fortune.
For what it's worth, Apple's trillion-dollar debut comes during one of the company's highest heights in terms of products.
But there's no law against a company being worth more than $1 trillion.