Apple passed $2 trillion in market value - News Summed Up

Apple passed $2 trillion in market value


Apple AAPL The iPhone maker's stock hit the $2 trillion mark before dipping back slightly below that lofty level. The company's stock will split four-for-one at the end of the month, which will cut the price of a single share to about $116. The value of Apple remains the same since the company will simply have more shares trading at a lower price. Apple reached the $2 trillion mark just over two years after passing the $1 trillion level . Apple, like many other tech stocks, has roared back to life in that time — even as the economy fell into recession.


Source: CNN August 19, 2020 14:55 UTC



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