FIRST AIRED: August 3, 2018

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00:00:01
>> Apple making history Thursday, becoming the first US company valued over a trillion dollars. Apple has been hovering near this record for months. Finally pushing it over the trillion dollar line, a strong earnings report for the third quarter and an upbeat outlook released Tuesday. Reuters correspondent Stephen Nellis.
00:00:23
>> So a lot of people ask, is Apple too big now? And it's a good question cuz the company is in some very diverse businesses. The process of engineering and selling a consumer electronic device, very different than the process of making great television content. So far, Apple has been able to manage those things pretty well and use its strength in one area, getting people to buy devices, and translate that into strength in other areas.
00:00:49
>> It all started in 1976, when buddies Steve Jobs and Steve Wozniak launched Apple Computer in Palo Alto, California, creating a personal computer, the Apple I. Those were followed by updated models that were equal parts technology and design. Eventually, that lead to the Mac computer, the iPod, and the iPhone.
00:01:13
Jobs, the creative genius behind the company, died of pancreatic cancer in October 2011. Just prior to his death, Job's handed over the reigns to Tim Cook who has lead Apple since August 2011. Cook, a very rich man Thursday. He owns over 900,000 Apple shares, according to the latest SEC filing in December 2017, worth about $1.8 billion.
00:01:41
>>
APPLAUSE