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Triumph of the iPhone: Apple cracks trillion-dollar mark

The milestone reached on Thursday marks the latest triumph of a trend-setting company that two mavericks named Steve started in a Silicon Valley garage 42 years ago

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Apple is the world's first publicly traded company to be valued at $1 trillion, the financial fruit of stylish technology that has redefined what we expect from our gadgets.

The milestone reached on Thursday marks the latest triumph of a trend-setting company that two mavericks named Steve started in a Silicon Valley garage 42 years ago. Apple's shares gained $5.89 to close at $207.39, leaving the firm's market value a notch above $1 trillion.

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