Business
Apple set to become first US company to hit $2 trillion milestone – NEWS.com.au
Apple set to become first US company to hit $2 trillion milestone
Apple is on the verge of becoming the first $US2 trillion ($A2.8 trillion) American company following a gravity-defying surge that has highlighted the value of its iPhone ecosystem during the global pandemic.Shares in Apple have roughly doubled from March lows, an astonishing performance which has lifted chief executive Tim Cook’s net worth to $US1 billion ($A1.4 billion) for the first time, according to a Bloomberg Billionaires Index calculation.
A dip in Apple shares left its market value at …
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