Apple has become the first publicly traded U.S. company to hit $2 trillion in market value, after crossing the $1 trillion milestone just 2 years ago.
Much of the increase has come since late March, showing just how much the coronavirus pandemic has boosted the fortunes of big tech companies, as people rely on technology for work, school and entertainment.
Even though Apple had to shut down stores and weather supply chain disruptions during the pandemic, its sales have gone through the roof. Lots of people are buying iPhones, iPads and Mac computers and paying for services like streaming music and TV.Apple's worth has eclipsed that of other big tech firms. Amazon's market cap is about $1.7 trillion, Microsoft $1.6 trillion and Google parent Alphabet $1 trillion. They've left other corporate giants in the dust.
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