News Formal

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

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple tops US$2 trillion in market valueApple Inc became the first publicly listed U.S. company with a US$2 trillion stock market value on Wednesday, as Wall Street investors put aside ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »