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Apple creates history, becomes the first US firm to reach $2 trillion valuation

Apple creates history, becomes the first US firm to reach $2 trillion valuation

Submitted by • September 12, 2020 thebusinessfame.com

It took around 42 years for Apple Inc. to reach a valuation of $1 trillion. It took just two years more time to get to $2 trillion. Even more stunning: all of the company’s next $1 trillion came in the last 21 weeks, while the global economy has significantly impacted by coronavirus pandemic.

On Wednesday, Technology giant Apple has become the first American firm to hit a $2 trillion valuation when its shares mounted 1.4% to $468.65 in midday trading session, however, they later decreased and ended the day flat.

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