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.