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

FILE PHOTO: An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar/File Photo

(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, https://fingfx.thomsonreuters.com/gfx/mkt/zdpxoqdrkvx/Pasted%20image%201641232975265.png)