Apple's value exceeds $ 2 trillion

 


Apple has become the first American company with a market value of 2 trillion dollars. Not only is it a new record but also an indication of the impact the coronavirus pandemic has had on the iPhone maker.

It has been two years since Apple first became the $ 1 trillion company which means it has doubled in value in 24 months.

In fact Apple is not the first company in the world with such value. Saudi Aramco, the oil giant was the first.

Aramco hit $ 2 trillion in December 2019 but has since fallen. Apple overtook it to become the most valuable company in the world on August 4, 2020.

Apple shares were worth $ 467.77 today, valued at $ 2 trillion, the Financial Times reported.