August 19, 2020

Apple becomes 1st US company to hit $2 tn in market value

New York (AFP) – Apple on Wednesday became the first US company to reach $2 trillion in market value in the latest demonstration of how tech giants have benefited from the upheaval of the coronavirus.The iPhone maker attained the distinction in mid-morning trading and was up 1.0 percent at $467.02 near 1520 GMT. The company had previously become the first giant to hit $1 trillion in market value in March 2018.Apple is followed by other technology companies, including Amazon, Microsoft and Google parent Alphabet, all of which now have more than $1 trillion in market value.Shares in Apple have r…


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