Financial fruit: Apple becomes 1st trillion-dollar company

Apple has become the world's first publicly traded company to be valued at $1 trillion - 42 years after Steve Jobs and Steve Wozniak began the firm in a Silicon Valley garage. The stock rose nearly 3 percent following a strong third-quarter earnings report earlier this week, briefly hitting a session high of $207.05 in midday trading before falling back below $207. This briefly pushed Apple over the historic trillion dollar mark. Apple chief executive officer Steve Jobs stands in front of a photo of himself, right, and Steve Wozniak, left, during an Apple event in San Francisco in 2011. Apple's stock market value is greater than the combined capitalization of Exxon Mobil, Procter & Gamble and AT&T. It now accounts for 4 percent of the S&P 500.