Apple: Wall Street’s First Trillion Dollar Baby

Apple has become the first publicly traded company in the world to reach a market valuation of $1 trillion. Many of the posts credited the company with "adding another comma" thanks in large part to the device you're most likely reading this story on... the iPhone.

1,000,000,000,000... That's right 12 zeros.

The company, which has been neck and neck with Amazon to reach the $1 trillion mark, made it to the milestone during trading day today. Fox Business covered the possibility earlier in the week.

The company which was driven in large part by late founder Steve Jobs, has been in business officially since 1976. It was listed on the NYSE in 1980. Computers were the company's mainstay, but the iPhone has transformed the world of communication and is credited for its most recent success.