June 28, 2022
Apple Hits $2 Trillion Market Cap

Apple Hits $2 Trillion Market Cap

Posted August 19, 2020 at 3:31pm by iClarified · 3656 views
Apple became the first U.S. public company to reach a $2 trillion market cap today with shares rising over 1.27% to reach a high of $468.14.

AAPL has now more than doubled in value since March 23 due to stronger than expected performance during the coronavirus pandemic. Last quarter the company posted revenue of $59.7 billion, an increase of 11 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.58, up 18 percent. International sales accounted for 60 percent of the quarter’s revenue.

As long as production remains on track, Apple will likely have an exciting fourth quarter with four new iPhone models expected, a new Apple Watch, new iPads, and its very first Mac based on Apple Silicon.

Please download the iClarified app or follow iClarified on Twitter, Facebook, YouTube, and RSS for updates.


Apple Hits $2 Trillion Market Cap
Add Comment
Would you like to be notified when someone replies or adds a new comment?
Yes (All Threads)
Yes (This Thread Only)
No
iClarified Icon
Notifications
Would you like to be notified when we post a new Apple news article or tutorial?
Yes
No
Comments
You must login or register to add a comment...
Recent. Read the latest Apple News.
RECENT
Tutorials. Help is here.
TUTORIALS
iPhone 13 Pro Repair Manual PDF [Download]
How to Add Widgets on iPhone [Video]
iPhone 13 Repair Manual PDF [Download]
iPhone 13 Pro Max Repair Manual PDF [Download]
Where to Download macOS Monterey
Deals. Save on Apple devices and accessories.
DEALS