Apple becomes first US public company to reach US$2 trillion market capApple Chief Executive Tim Cook speaks during an announcement of new products at the Apple Worldwide Developers Conference in San Jose, California in June, 2018. Apple hit a market cap of US$2 trillion Wednesday, doubling in valuation in just over two years. Apple’s share price hit US$467.77, which pushed it over a US$2 trillion market cap just before 11 a.m. Eastern time in the US. Apple first reached a US$1 trillion market cap on August 2, 2018. It didn’t take long for other tech giants to match Apple’s US$1 trillion market cap.

Source: The Standard August 19, 2020 15:22 UTC