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Apple is first U.S. public firm to be worth $2 trillion - popnews

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Apple is first U.S. public firm to be worth $2 trillion

Apple Inc. has become the first publicly traded U.S. company in history to be worth $2 trillion.

The iPhone maker’s shares reached the multi-trillions on Wednesday, when its stock neared $468 for the first time. Shares of Apple are now up a remarkable 60% this year, despite the coronavirus outbreak.

In the second quarter of this year, Apple had sales of nearly $60 billion, making $11.2 billion in profit — a more than 10% increase from the same period a year ago. The numbers show Apple’s hugely loyal customer base remains devoted to its pricey products even while stuck at home. (cbsnews.com)

For full details, click: https://www.cbsnews.com/news/apple-2-trillion-market-value-cap/

25350cookie-checkApple is first U.S. public firm to be worth $2 trillion

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