Apple reaches $2 trillion market value as tech fortunes soar Apple has become the first U.S. company to boast a market value of $2 trillion as technology continues to reshape a world where smartphones are like appendages and digital services are like instruments orchestrating people’s livesBERKELEY, Calif. -- Apple has become the first U.S. company to boast a market value of $2 trillion as technology continues to reshape a world where smartphones are like appendages and digital services are like instruments orchestrating people's lives. The iPhone maker reached the $2 trillion milestone in Wednesday's early stock market trading when its shares surpassed $467.77. The stock later backtracked to close at $462.83, but it didn't diminish a remarkable achievement that came just two years after Apple became the first U.S. company with a $1 trillion market value. Apple isn't the first company in the world to reach a market value of $2 trillion. Saudi Aramco now trails Apple with a market value of about $1.8 trillion.

Source: ABC News August 19, 2020 15:00 UTC