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USA’s first two trillion dollar company: Apple

US-based technology giant Apple became the first company in the US to reach $ 2 trillion in value.

Apple shares gained nearly 60 percent since the beginning of the year with today’s rise.

The increase in the value of shares has made Apple the first $ 2 trillion company in the USA as of today.

Apple, whose market value hit $ 1 trillion for the first time on 2 August 2018. In December 2019, Apple it became the second company after Saudi oil giant Aramco of 1.7 trillion dollars.

Apple’s revenue reached $ 59.7 billion, up 11 percent compared to the same period last year.

The company’s earnings per share increased from $ 2.18 to $ 2.58 during the period in question.

The net profit, which was $ 10 billion in April-June last year, increased by 12 percent to $ 11.3 billion in the same period this year.

Written by Maraaz

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