Apple Becomes First Trillion-Dollar Company

History has just been made. Apple has officially become the first publicly traded company in history to hit a $1 trillion market capitalization, marking a milestone in tech dominance.

The company’s stock surged after reporting another strong quarter of iPhone sales, despite concerns that the global smartphone market is slowing down. With its iPhone X and iPhone XS models driving record profits, Apple has solidified its position as the most valuable company in the world.

CEO Tim Cook celebrated the achievement, stating that Apple remains committed to innovation, privacy, and long-term growth. However, some analysts warn that Apple’s reliance on the iPhone could be a vulnerability—if sales slow down, the company will need to rely more on its growing services business, including Apple Music, iCloud, and the App Store.

With competitors like Amazon, Google, and Microsoft rapidly growing, the race for tech supremacy is far from over. But for now, Apple holds the crown as the first trillion-dollar tech giant.