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Tech Giant Apple Inc Creates A History

By:  Tupaki Desk   |   20 Aug 2020 1:12 PM GMT
Tech Giant Apple Inc Creates A History
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Tech giant Apple Inc has created a history by emerging as the only company in the United States with a market value of $ 2 trillion.

A couple of years ago, Apple Inc had become a multi-billion dollar company. But within in two years, it managed to reach $2 trillion market value. This is the first time a US company has surpassed that level. With the 60 percent raise in Apple share value, the company pushed the market value past $2 trillion.

Overcoming implications like closing down iPhones manufacturing plants in China and cessation of retail sales in the wake of the Covid crisis, the company has set a new record. Among US companies, Apple is trailed by Amazon.com Inc and Microsoft Corp.