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It’s Official, Apple Is Now Worth $2 Trillion

allapplenews-author-turner-ngo
Turner Ngo
22K Views

| 2 months ago

it-s-official-apple-is-now-worth-usd2-trillion-20200819-1
Unsplashed / Zhiyue Xu @zhiyue

In just two years, AAPL, Apple has doubled its market value. This makes Apple the first American company to reach this mega milestone.

The Silicon Valley tech mega-giant gained nearly 60% this year despite production delays, logistic hurdles, and retail closures caused by the global pandemic.

Thanks to the great iPhone 11 and iPad sales and a surprise iMac update, Apple has maintained steady cash flow.

On Wednesday morning, Apple stock reached a historical $467.77 making its market cap higher than any other American company.

Apple stock prices gained more than 59% in 2020 already and increased by 86% since 2019.

The upcoming August 31 four-for-one stock split will make Apple shares more affordable to public investors. This move will likely keep Apple riding high and the ticker green.

Products Covered

allapplenews-product-iPhone 12 and 12 mini
Model
iPhone 12 and 12 mini
Release Date
October 2020

Features

• 5.4" / 6.1" OLED Display & 458 PPI
• iOS 14
• A14 Bionic Chip
• 3D Camera
• Rechargeable Lithium-Ion Battery

Description

The iPhone 12 has been long-anticipated as the next-gen iPhone, and now, it's here. Offering 5G connectivity, the A14 chip, new camera systems, and more, the iPhone 12 upgrades everything. With a refreshing design of the iPhone frame itself, the iPhone 12 sets up the iPhone product line for the future.

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