Apple hits $1 trillion valuation, 1st US company to hit the mark

World's most valuable company Apple on Thursday became the first company in the US stock market history to reach $1 trillion market valuation after its stock hit an all-time high of $207.05 per share. This comes after Apple reported its strongest-ever Q3 earnings. Notably, Chinese oil giant PetroChina was the world's first company to hit $1 trillion valuation in 2007.