The technology company is the first US company to reach this monumental milestone.
Apple became the first US company to reach a $1tn market cap in 2018 meaning that the tech giant has doubled in valuation in just over two years.Its share prices hit $467.77 pushing it over the $2tn dollar mark. Despite ongoing panic over the coronavirus pandemic, Apple’s share price has actually doubled since its low point in March.
The only other company to reach the $2tn level was state-backed Saudi Aramco after it listed its shares last December and the next most valuable US company is Amazon, valued at around $1.7tn. Microsoft is trailing slightly behind these at a valuation of $1.6tn.
