Apple Reaches $2 Trillion Market Value as Tech Fortunes Soar

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The new $2 trillion milestone comes just two years after Apple became the first U.S. company with a $1 trillion market value.

Apple has become the first U.S. company to boast a market value of $2 trillion as technology continues to reshape a world where smartphones are like appendages and digital services are like instruments orchestrating people’s lives.

But Apple and other well-established tech giants such as Microsoft, Google, Amazon, Facebook and Netflix have thrived during the upheaval as the pandemic has forced millions of people to work, attend classes, shop and entertain themselves at home.

Apple isn’t the first company in the world to reach a market value of $2 trillion. That honor belongs to energy producer Saudi Aramco, which attained it in December 2019. Saudi Aramco now trails Apple with a market value of about $1.8 trillion.

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