Apple's stock market value tops US$2 trillion

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Just two years after Apple became the first publicly listed U.S. company with a US$1 trillion stock market value, the iPhone maker has now topped ...

REUTERS: Just two years after Apple became the first publicly listed U.S. company with a US$1 trillion stock market value, the iPhone maker has now topped US$2 trillion.

The rally reflects growing investor confidence in Apple's shift towards relying less on sales of iPhones and more on services for its users. Apple's revenue grew across every category and all of its geographical regions in the June quarter, even as the coronavirus crisis caused the U.S. economy to collapse at its worst rate since the Great Depression.

 

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