Apple launched the first iPhone in 2007 and later became the world's most valuable listed company by market capitalization.
Apple introduced the iPhone on January 9, 2007, and released it in the United States on June 29 of that year. The device combined a mobile phone, iPod, and internet communicator in one touchscreen product.
Apple's market value rose dramatically through the iPhone era, supported by services, Macs, iPads, and wearables. It became the first publicly traded company to reach a US$1 trillion market capitalization in 2018, then passed US$2 trillion in 2020 and US$3 trillion in 2022.
The iPhone was not Apple's first major product; the Macintosh arrived in 1984. Apple is also frequently confused with Apple Records, the Beatles' record label, which is a separate organization.