Apple has become the first US-based company with a market value of $1 trillion in the world. The company reached its trillion-dollar market cap after its shares price reached all-time high surpassing $207 per share. Silicon Valley technology giant is now up by 20% this year. The reason behind this surge is the increase in sales of iPhone 8 and X in China and Japan. Apple Inc. is closely trailed by Amazon worth nearly USD 900 billion, Google and Microsoft at USD 800 billion.
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