Apple Makes History by Becoming First US Company to Hit $2 Trillion Market Cap
- Date: 21-Aug-2020
- Source: Al Bawaba
- Sector:Financial Markets
- Country:Saudi Arabia
Apple Makes History by Becoming First US Company to Hit $2 Trillion Market Cap
Published August 20th, 2020 - 10:30 GMT
Highlights
Tech giant hits milestone 2 years after exceeding $1T
Apple became the first publicly traded US company to hit a $2 trillion market capitalization Wednesday after its share price exceeded $467.97.
The milestone comes two years after the tech company hit $1 trillion. Apple surpassed Saudi Arabia's Aramco on July 31 to become the most valuable publicly-traded company.
Apple's stock has bounced back strongly following a dip in March caused by the coronavirus pandemic. It now has more than doubled its March