Apple Makes History by Breaking $2 Trillion Barrier


Photo: The Indian Express

Apple made Wall Street history on Wednesday when its 2020 stock surge pushed the market value past $2 trillion.

This is the first time a U.S. company has reached that level.

Shares of the iPhone maker rose as much as 1.3% to $468.09. It took just five months for the stock to more than double after falling in the march.

Apple is not the first company in the world to be valued that high.  Saudi Aramco topped that Mark in December when it went public. Apple passed Saudi Aramco earlier this month after reporting powerful earnings.

The two other tech giants – Amazon and Microsoft are moving closer to the $2 trillion marks too, as both are valued at about $1.6 trillion. Google is also worth more than $1 trillion.