Apple’s $3 trillion market value follows 5,800% gain since iPhone debut

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Reuters UK

By Noel Randewich and Saqib Iqbal Ahmed (Reuters) – 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% 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% during the same period. (Graphic: Apple vs the S&P 500 since the iPhone’s introduction,…

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