Apple reached a market value of $1 trillion in early August, propelled by the sustained success of the iPhone. WSJ's Spencer Jakab takes a look at how Apple got here. Photo illustration: Heather Seidel/The Wall Street JournalApple Inc.’s plan to add thousands of jobs in Austin, Texas, San Diego, Seattle and Culver City, Calif., draws a road map of its transformation away from its identity as an iPhone maker toward a future reliant on services and higher-priced devices. Culver City gives Apple a Hollywood homebase as it pushes into video programming. Seattle is a machine-learning hub where it can develop algorithms that personalize streaming-music...

Source: Wall Street Journal December 14, 2018 13:04 UTC