Record-breaking: Apple becomes the first US company to hit $2 trillion

Apple has become the first US company to hit a market cap of $2 trillion. The firm last hit a $1 trillion market cap two years ago. This means that in just 24 months the iPhone maker has doubled its value. It surpassed Saudi Aramco – the world’s first company to hit $2 trillion market value – on August 4, 2020. Shares in Apple have been on a tear for years but they’ve performed particularly well in 2020, gaining by more than 50%, despite the COVID-19 pandemic.

Click here to read the full story

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s