Published:  12:02 PM, 21 August 2020

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

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

Janomot report: Apple on Wednesday became the first U.S. company to reach $2 trillion in market value in the latest demonstration of how tech giants have benefited amid the upheaval of the coronavirus outbreak.

The iPhone maker attained the distinction in mid-morning trading and was up 1.3% at $468.34 near 1500 GMT. In March 2018, Apple became the first giant to hit $1 trillion in market value.

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.

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