Please enable JavaScript to experience the full functionality of GMX.

Apple first US company to be valued at $2tn

Apple has become the first US company to be valued at $2 trillion.

Tim Cook's firm was named the first company in the world to hit a trillion in 2018, and just two years later they've smashed another record.

Share prices for the tech giant hit $467.77 in the US, up 50 per cent, on Wednesday (19.08.20), pushing it over $2 trillion.

The iPhone makers surpassed oil firm Saudi Aramco, whose value went down to $1.8 trillion.

Apple recorded their third quarter figures at the end of July, which included $59.7bn of revenue.

Amazon is the second most valuable company in the US, with Jeff Bezos' online retail empire worth around $1.7 trillion.

Microsoft is said to be around the £1.6 trillion mark, whilst Google's owners Alphabet have just over $1 trillion.

Sponsored Content