The tech giant crossed the $1 trillion threshold when it hit $207.04 per share earlier this morning, though it has since trended down.
Apple's final push to the $1 trillion mark came on the back of Tuesday night's fiscal-third-quarter earnings report - one that encouraged Wall Street's pros and individual investors alike by most measures. Part of Apple's success is due to its increased profit margins thanks to the higher average selling price of its newest smartphone, the iPhone X.
But no matter what your view of the company and its products, Apple devices have changed the world - and today made financial history as well.
In an email to Apple employees, Cook says that financial returns are simply the result of innovation - and that it's the team behind them that really makes Apple so spectacular. A $1 trillion market cap may be a staggering achievement, but there are lots of things that make Apple a wonderful company.
The company known for iPhones and the Mac computer is not the first publicly traded company to reach the $1 trillion mark.
The first company to hit $100 million in market capitalization was a crucial railroad that connected New York City, Chicago, Boston, and St. Louis.
He put Apple at the forefront of the personal computing revolution, and was behind a suite of revolutionary, highly desirable products - from the iPod to the iPad.
The milestone reinforces the massive power Apple has in the tech world - and with its momentum, the company is poised to further shake up Hollywood with an expected video-subscription launch some time later this year.
For what it's worth, Apple's trillion-dollar debut comes during one of the company's highest heights in terms of products. "Um, not quite - How Trump's tax cut enabled the company to buy a record number of shares and pump up its stock price".
With a price/earnings ratio of 18, Apple is trading at an unbelievably low value compared to its industry peers.
It would appear that, in the stewardship of Apple, Cook is following in the footsteps of the late and much revered Jobs; a heartening tale of good cop/good cop, incorruptible by even unprecedented amounts of money.
And in 5 years maybe Canada will be worth less than the company that sold you your phone.