Apple on Friday became the world’s first corporation to close with a market value above $3 trillion.
The tech company’s milestone reflects the lasting impact and resilience of the iPhone.
Launched from a California garage in 1976, Apple is today worth about double the value of longtime rival Google and seven times that of Exxon Mobil, once the world’s largest corporation.
The tech giant is a bedrock holding for investors even as heightened tensions with China continue to mount.