Apple on Monday became the first publicly traded company with a stock market value of over $3 trillion, marking the latest milestone in the Silicon Valley heavyweight’s spectacular stock surge since introducing the iPhone in 2007.
Apple’s shares have climbed around 5,800 percent since co-founder and former Chief Executive Steve Jobs unveiled the first iPhone in January 2007, far outpacing the S&P 500’s gain of about 230 percent during the same period.