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BREAKING NEWS: Apple is now a $2 trillion company

Get Ya Wig Split

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Apple hit a market cap of $2 trillion Wednesday, doubling in valuation in just over two years. It’s the first publicly traded U.S. company to reach the $2 trillion milestone.

Apple’s share price briefly hit $467.77, which pushed it over a $2 trillion market cap.


Apple first reached a $1 trillion market cap on Aug. 2, 2018. Wall Street has largely expected Apple to be the first to surpass the $2 trillion mark. On July 31, Apple surpassed the state oil giant Saudi Aramco to become the world’s most valuable publicly traded company.

It didn’t take long for other tech giants to match Apple’s $1 trillion market cap. Today, Amazon, Microsoft and Alphabet all have market caps above $1 trillion.

https://www.cnbc.com/2020/08/19/apple-reaches-2-trillion-market-cap.html?

 
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Apple is now worth $2 trillion

New York (CNN Business)Among its many accomplishments -- the iPhone, the iPad, iTunes, the App store -- Apple can now boast of one more: It is now worth more than $2 trillion, making it the first company in the United States to reach that milestone.

The iPhone maker's stock briefly hit the $2 trillion mark Wednesday. Shares have surged almost 60% this year and are at an all-time high. Apple (AAPL), currently trading at nearly $470 a share, is about to become more affordable for average investors to purchase, too.

The company's stock will split four-for-one at the end of the month, which will cut the price of a single share to about $117. The value of Apple remains the same since the company will simply have more shares trading at a lower price.

Tesla (TSLA) also recently announced a stock split -- a move that could attract more millennial and Gen Z investors.

Apple reached the $2 trillion mark just over two years after passing the $1 trillion level.

It's not the first company in the world to be valued that high. Saudi Aramco topped that mark in December when it went public, but plunging oil prices have hurt the company's stock. Apple passed Saudi Aramco earlier this month after reporting strong earnings.

https://edition.cnn.com/2020/08/19/tech/apple-stock-two-trillion-market-value/index.html
 
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They didn't take much time doubling their share from $ 1 Trillion to now 2, however what they did took was.......kidneys of a lot of people :usflag:
 
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If this is not bubble, nothing is. Cheerleader @Get Ya Wig Split, you people are dying. The rich don't give a damn ordinary people lives.

upload_2020-8-19_23-50-34.png



https://www.macrotrends.net/stocks/charts/AAPL/apple/net-profit-margin
upload_2020-8-19_23-48-51.png
 
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Apple hit a market cap of $2 trillion Wednesday, doubling in valuation in just over two years. It’s the first publicly traded U.S. company to reach the $2 trillion milestone.

Apple’s share price briefly hit $467.77, which pushed it over a $2 trillion market cap.


Apple first reached a $1 trillion market cap on Aug. 2, 2018. Wall Street has largely expected Apple to be the first to surpass the $2 trillion mark. On July 31, Apple surpassed the state oil giant Saudi Aramco to become the world’s most valuable publicly traded company.

It didn’t take long for other tech giants to match Apple’s $1 trillion market cap. Today, Amazon, Microsoft and Alphabet all have market caps above $1 trillion.

https://www.cnbc.com/2020/08/19/apple-reaches-2-trillion-market-cap.html?



Congrats to Apple. They’ll just keep growing from here as they head into the 5G IPhone super cycle and holiday season. Apple is now larger than the Italian economy.
 
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Apple hit a market cap of $2 trillion Wednesday, doubling in valuation in just over two years. It’s the first publicly traded U.S. company to reach the $2 trillion milestone.

Apple’s share price briefly hit $467.77, which pushed it over a $2 trillion market cap.


Apple first reached a $1 trillion market cap on Aug. 2, 2018. Wall Street has largely expected Apple to be the first to surpass the $2 trillion mark. On July 31, Apple surpassed the state oil giant Saudi Aramco to become the world’s most valuable publicly traded company.

It didn’t take long for other tech giants to match Apple’s $1 trillion market cap. Today, Amazon, Microsoft and Alphabet all have market caps above $1 trillion.

https://www.cnbc.com/2020/08/19/apple-reaches-2-trillion-market-cap.html?

Opppppps......the US is collapsing. :chilli::D:P
 
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