March 5, 2024
Apple Hits $2 Trillion Market Cap

Apple Hits $2 Trillion Market Cap

Posted August 19, 2020 at 3:31pm by iClarified
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
Where to Download macOS Monterey
Where to Download macOS Ventura
AppleTV Firmware Download Locations
Where To Download iPad Firmware Files From
Where To Download iPhone Firmware Files From
Deals. Save on Apple devices and accessories.
DEALS