Apple just became the first American public company to cross $1 trillion in value. Related: Apple is showering its investors with cashWall Street thinks Apple could go even higher. Apple is benefiting from investor euphoria surrounding the tech sector broadly as well -- and it could soon have company in the trillion dollar club. Apple is not the first publicly traded company in the world to surpass the trillion dollar mark though. Oil giant PetroChina (PTR) briefly topped a trillion dollar valuation in 2007 when its stock began trading in Shanghai, but shares quickly plunged afterward.

Source: CNN August 02, 2018 15:52 UTC