Apple became the first publicly traded company valued at more than $1 trillion in August 2018.
Apple crossed the threshold on 2 August 2018 during trading on the Nasdaq. The milestone followed years of expansion in the iPhone business, growing revenue from services, and a large global customer base for products such as the iPad and Mac.
The company’s market capitalization was calculated using its share price and the number of shares outstanding at the time. Apple had completed stock splits over its history, so the quoted share price alone did not determine whether it was worth a trillion dollars; the total share count also mattered.
Several companies later joined the trillion-dollar group, including Microsoft and Amazon. Apple’s achievement is distinct from being the first company to close above later thresholds such as $2 trillion or $3 trillion.