Apple just became the first U.S. company worth $2 trillion

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Apple crosses the $2T market capitalization mark.

The tech and services company has positioned itself to take some advantage of its new stature. In early August, the company announced a four-for-one stock split, the company’s fifth stock split since going public in 1980. Individual shares are trading in the mid-$400’s, so for instance a unit worth $440 would be split into four shares of $110. That makes them more affordable for smaller investors to pick up.

The tech company isn't the first to hit the $2 trillion mark. Saudi Arabia's state-owned Saudi Aramco, the world’s largest producer of oil, did so during its December 2019 stock debut. But the company was hammered during this year’s global economic slowdown and a plunge in oil prices, and its valuation has since tumbled to $121 billion.

Increasingly, customers are reliant on a blend of interconnected Apple services such as iCloud, Photos, Music, and the App Store, which has shifted focus from fixed prices for apps with in-app purchases to recurring subscription models.

 

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Apple, time to pay your full share of taxes!

Maybe now Apple can “afford” to have phones built in the US

Great. That means they can afford to release the music I bought via iTunes 10 years ago but haven't been able to use on other audio players because ... well ... because Apple.

Properly apologize for your AOC debacle! Make amends! Damage was done. Shame on you. Reprehensible.

KNOWING ANYTHING CAN BE POSSIBLE BY MATHS .MEANS ANYTHING. ITS POSSIBLE. TOTAL WORLD IS CALCULATER AND WE ALL ARE NUMBERS AND ALSO ALL DATE EFFECT BY SPECIFIC PLANET AND ALSO ATMOSPHERE COLOR CHANGE S AS PER PLANET WAVES REACTION.

Tim Apple must be stoked!

Apple provides tens of thousands of good paying jobs to Americans. Trickle down works.

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