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Apple becomes first US company to hit US$2 trillion in market value

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NEW YORK (AFP) - Apple on Wednesday (Aug 19) became the first US company to reach US$2 trillion (S$2.7 trillion) in market value in the latest demonstration of how tech giants have benefited from the upheaval of the coronavirus.. Read more at straitstimes.com.

NEW YORK - Apple on Wednesday became the first US company to reach US$2 trillion in market value in the latest demonstration of how tech giants have benefited from the upheaval of the coronavirus.

The company had previously become the first giant to hit US$1 trillion in market value in March 2018. Shares in Apple have roughly doubled from March lows, an astonishing performance which has lifted chief executive Tim Cook's net worth to US$1 billion for the first time, according to a Bloomberg Billionaires Index calculation.

 

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