Apple Is Now The First $2 Trillion Tech Company

3 years 8 months ago

Apple has just hit a ridiculous milestone, becoming the first tech company--and the second company overall--to achieve a total value of $2 trillion. Our sister site CNET is reporting that Apple's stock price has hit $467.55 million per share, which adds up to about $2 trillion when you account for the 4.3 million outstanding shares.

This comes ahead of a stock split that will "make it easier for more people to buy shares," CNET reports. As they note, this is a "largely symbolic" figure--and a company's true value is measured by many different metrics--but the bottom line is that Apple is doing very, very well.

This makes Apple far and away the biggest tech company, and puts it behind only Saudi Aramco (a petrol and gas company) in terms of share value.

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James O'Connor

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