The iPhone maker's stock briefly hit the $2 trillion mark Wednesday. Shares have surged almost 60% this year and are at an all-time high. Apple , currently trading at nearly $470 a share, is about to become more affordable for average investors to purchase, too. The company's stock will split four-for-one at the end of the month, which will cut the price of a single share to about $117.
Apple passed Saudi Aramco earlier this month after reporting strong earnings. Two other US tech giants -- Amazon and Microsoft -- are moving closer to the $2 trillion mark too. Both are valued at about $1.6 trillion. Google owner Alphabet is also worth more than $1 trillion. Apple's success has also vaulted CEO Tim Cook into the ranks of billionaires -- one of the few CEOs to reach that level without having started the company he leads.
Capitalism at its finest ! The world could end tomorrow and people would still want to get an apple product !
Pathetic!!
Watch...they will respond by raising prices...again.
*Meanwhile billions of people can’t afford to eat three meals a day*
Had iPhone first; now a Galaxy man for life ...
Utterly wrong. Thousands starving living in poverty and drinking polluted water. Ask yourself is capitalism in its current form morally repugnant or not? I know my view.
It's why I won't use them
Ahaaa Oga oh !
wealth hoarder
JayDubcity16 Just checked my Apple stocks
Wish I had a crystal ball many years ago. Would have bought stock and been living the life now
Three if you count the Clinton Foundation.
America's GDP is 21 trillion, meaning Apple and the two companies on it's heels take up 25% of the entire economy. Is it time to redistribute the wealth yet? With less than a 1% of a 1% these giants could change anyone's lives forever, sounds like a king to me.
CNN, you suck! Am I ANGRY? Damn right I’m angry! At your one sided political crap 24/7. Am I embarrassed? Damn right I’m embarrassed! As a journalism graduate I’m embarrassed for what was ONCE demanded to be responsible reporting is DEAD lead by biased hate throwing media!
Cool, I’m so happy for the trillionaires, not like anyone else needs the money
Apple couldn't care less about black lives. Look up Cobalt mining in The Congo. Y'all will not be remembered fondly by history for enabling this shit.
Apple EpicGames YAY!!! Now, taken down Tim and Epic
So many Apple shills in these comments
FortniteGame and y’all going up against these heavyweights I mean, do y’all have a Hulk 🤔
why are there so many negative comments? this is what capitalism is all about, people lol
These are US companies that rely on US economic terrorism against other private enterprises to perpetuate dominance.
Cool *goes back to budgeting grocery money*
who's unemployed TrumpSucks
NGL, I thought that was a pic of a razor at first.
A company worth more than some countries.
What's this apple you speak of is that a mythical creature
Big Brother is winning.
Maybe they can start paying their fair share of taxes
Waiting for AOC’s take on this. Sure to be an instant classic.
Please please, they need tax cuts. The more money the rich have the better of we are.
cumgrano marilyn3939nv Marilyn; no surprise to either one of us...!! 💻⌨️🖥⌨️💻
Not $1 from me
Just Remember That When You Are Foolish Enough To Pay Over a $1000 For A Phone That Cost About $400 (still an inflated cost) To Make. You Do Not Make 2 Trillion Dollars Without Over Charging For Your Products. 'I' Anything Is Ridiculously Overpriced.
After first nuke is gona be ZERO
The 10% continue to prosper, while the rest suffer and flounder... this is Trump's and McConnell's America.
No wonder their prices are so high
What starving children and homeless vets?
Awesome, they can buy Pakistan and make toilet room for their employees!!
This company is richer than Nigeria
Siri how much Apple stock does Bill Gates own
CNN.... YOU MISSED TO COVER THIS IMPOTRANT NEWS.
And they still need to poison your phone with updates to make you get a new one. Apple sucks.
We have minimum wage, why can’t we have a maximum wage? If there is a maximum wage, I would think people are less inclined to do whatever it takes in the pursuit of infinite profits. The inability to be content is detrimental to the wellbeing of mankind.
Wow!! Those 4 companies combined are worth approximately $6.2trillion, making them bigger than the economies of either Japan or Germany, and half as much as the EuroZone. Is this another tech bubble?
Who cares?
A celebration to remember. All that disgusting cash on the backs of poor slave labor! Is this what Steve Jobs saw for his comany, back when he started it? sweatshops
MAGA 2020
Boycotting Apple will give more alternatives and competitive phones accessories a good chnace to lower the costs down. Some parts are made in china
Apple 🥳. Can i have an iphone?😭
Tax them
So the price of their new phone every time it comes out.
Apple customers are gullible. 'There's a sucker born every minute.' ~PT Barnum
Question how much does an iPhone, Any model of iPhone Cost in United States vs Mexico, Haiti, Philippines, Afghanistan, Iraq, Czechoslovakia, Ukraine, Vietnam, isay Amercians are paying a higher price for the same product
How many zero for 2 trillions...😳😳😳
Without reading the article I’m positive Amazon is one of them 🙄
Apple's market cap briefly tops $2 trillion at session high $AAPL While Aramco is down
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