Business
Apple’s market value doubles in two years, becoming first US company to top $US2 trillion – ABC News
Apple becomes the first US company and second company ever to boast a market value of $US2 trillion ($2.76 trillion), a figure which represents about 10 per cent of the US GDP.
Apple has become the first US company to boast a market value of $US2 trillion ($2.76 trillion), just two years after it became the first to reach $US1 trillion.
Key points:
- Apple’s $US2 trillion valuation is equivalent to about 10 per cent of the US GDP
- The first company to reach the $US2 trillion milestone was oil producer Saudi Aramco
- Apple’s shares have risen by about 60 per cent this year
Apple shares have gained nearly 60 per cent this year as the comp…
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