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Apple is the world's largest information technology company by revenue,[7] the world's largest technology company by total assets, and the world's third-largest mobile phone manufacturer. On November 25, 2014, in addition to being the largest publicly traded corporation in the world by market capitalization, Apple became the first U.S. company to be valued at over US$700 billion.[8] The company employs 115,000 permanent full-time employees as of July 2015[4] and maintains 453 retail stores in sixteen countries as of March 2015;[1] it operates the online Apple Store and iTunes Store, the latter of which is the world's largest music retailer.