Apple becomes world's first trillion-dollar company

Computing and mobile phone giant beats Amazon to landmark after its shares hit $207.05

Apple became the world's first trillion-dollar public company on Thursday, as a rise in its share price pushed it past the landmark valuation.

The iMac to iPhone company, co-founded to sell personal computers by the late Steve Jobs in 1976, reached the historic milestone as its shares hit $207.05, the day after it posted strong financial results. Apple's share price has grown fourfold since Tim Cook replaced Jobs as chief executive in 2011.