Mike Peterson
Apple's market capitalization reached an all-time high of $2.02 trillion at end of trading on Thursday.
The new milestone comes just one day after Apple become the first U.S. company to hit a $2 trillion market valuation during intra-day trading.
Shares of AAPL closed at $471.10 on Thursday.
The Cupertino tech giant is riding high after blowing away Wall Street expectations with better-than-expected June quarter earnings. Apple reported revenue of $59.7 billion for the quarter, despite the ongoing coronavirus health crisis, and announced an upcoming four-to-one stock split.
Apple became the first ever U.S. company to hit a $1 trillion market capitalization in August 2018. In June 2020, Apple became the first company to hit a $1.5 trillion market valuation.
Amber Neely
Christine McKee
William Gallagher
Andrew Orr
Malcolm Owen
11 Comments
OMG! And that .023 above the 2 Trillion mark means they went over it by 23 BILLION.
Those are some crazy numbers!
Did I ever tell you about how I almost bought $10,000 worth of AAPL in 2000...
What did Apple really closed at? In the AppleInsider Masthead I see, $473.40. In the Stocks app, it closed at $473.10. The article gives another figure. I'm confused.
Congratulations to Apple!!!