5th Avenue Apple store in New York City.
(c) Wikipedia
In spite of a global pandemic, Apple Inc. is now worth $2 Trillion. It took them 42 years to hit $1 Trillion and a little under two years to get to their new record. They are officially the first company in the United States to achieve such a feat.
During the month of March, Apple was valued at under $1 Trillion due to a drop in the stock market over the concerns of the coronavirus. With investors flocking to big tech companies as a safety net during the pandemic, Apple along with Facebook, Microsoft and Alphabet saw a rise in value.
Apple is the second company worldwide to hit $2 Trillion after Saudi Aramco did so in December.
No comments:
Post a Comment