Apple's Market Value Hits $2 Trillion

[MacRumors]

Apple's stock price is continuing to surge, and has risen over one percent today to push the company past $2 trillion in market capitalization by surpassing the $467.77 mark and briefly topping $468. Apple is the first U.S. company to achieve that milestone.

Just over two months ago, Apple became the first U.S. company to reach a market capitalization of $1.5 trillion, and Amazon and Microsoft have since also passed that mark. Apple was also the first to hit the $1 trillion mark just over two years ago.

Apple's share price has more than doubled since its low point just five months ago, and the company will be completing a four-for-one stock split at the end of this month. That will bring Apple's share price down to the $100 range, but with four times as many shares in circulation, it will not affect the company's overall market value.

Article Link: Apple's Market Value Hits $2 Trillion

 

[santaliqueur]

Just think of all the lottery tickets you could buy with $2 trillion

 

[TheYayAreaLiving 🎗️]

Apple is doomed? Not so fast...

HUGE ACCOMPLISHMENT, CONGRATULATIONS, Apple has come a long way.

 

[tigres]

Way to go Tim.

 

[nt5672]

Love those smart teenagers.

 

[ruka.snow]

Tim keeps bringing Apple up to new heights, yet he is so terrible for Apple and should be replaced with a Steve Jobs 2.0 /s

 

[beanbaguk]

Epic is doomed.

 

[dinobear]

Not surprised with all the money they're taking from developers in the app store.

 

[now i see it]

and definitely not worth 2 trillion

 

[DinkThifferent]

Free iPhones for everyone this year!

 

[KPOM]

One of the best investments I’ve ever made. Now the only question is when to sell.

 

[cmaier]

One of the best investments I’ve ever made. Now the only question is when to sell.

You’ll know to sell when Apple finally introduces the mid-sized tower that everyone on here constantly demands.

 

[Mlbkiwi]

Meh, you ain’t seen nothin’ yet...

 

[ghanwani]

Please take my poll. I think $10T is all but guaranteed in 3 years. The question is whether they can make it there in 1 or 2 years.

How long will it take for Apple to reach a market cap of $10T?

Apple's market cap is now close to $2T. How long will it take to get to $10T? Keep in mind that the fed is in "whatever it takes" mode until the economy "recovers", and that, right now, is being put at around 2024. (Keeping the poll simple and uncomplicated, just like everything Apple does.)

forums.macrumors.com

 

[Mr. Dee]

I bought those 5 Apple shares like I promised myself.

 

[SuperCachetes]

One of the best investments I’ve ever made. Now the only question is when to sell.

Same. It's a weird place to be in when you have to consider divesting because your concentration in AAPL has grown to an unhealthy level... Epic, the upcoming split, and the new devices coming out could all have an impact "one way or the other."

 

[zorinlynx]

You’ll know to sell when Apple finally introduces the mid-sized tower that everyone on here constantly demands.

Hah, I remember all the calls for a mid-tower years ago, including my own. It's something I really wanted! I haven't seen it all that much lately, though.

I think a lot of people have accepted that the iMac is a great machine with great connectivity. I know I did; you can't buy the display that comes with the iMac separately and the next higher option (Pro XDR display) is way too expensive.

Long live the iMac!

 

[ArPe]

Is Tim Cook the best CEO of all time? Yes he is.

Is Tim Sweeney the dumbest CEO of all time? Yes he is.

 

[4jasontv]

Free iPhones for everyone this year!

You need to watch this documentary series.

 

[zorinlynx]

One of the best investments I’ve ever made. Now the only question is when to sell.

I've been a bit nervous; there's a conspiracy theory going around that the only reason the markets are doing well is that the feds are pumping trillions of dollars into them. The day that stops, according to the rumors, the markets will crash hard.

Now, I tend to not believe in conspiracy theories; they are usually ridiculous and absurd. But the incompetence of our current administration has grown to levels never seen before in this country, and it feels like we're in unprecedented times. That, along with the pandemic, has me hovering a finger over the "Sell everything" button which I normally wouldn't do.

Time will tell, I guess.

 

[JM]

Can everyone please not mention "I'm so happy I bought stock in the 90's and made so much money". You're hurting my feelings 😂

 

[centauratlas]

One of the best investments I’ve ever made. Now the only question is when to sell.

I bought some AAPL and INTC July 5, 1985 with money I'd saved and tried to talk my parents into buying. I think the answer is, now leave the stock to my kids eventually. I should've sold in the 1990s and rebought just before the iPod though....but you never can time it.

 

[KPOM]

I've been a bit nervous; there's a conspiracy theory going around that the only reason the markets are doing well is that the feds are pumping trillions of dollars into them. The day that stops, according to the rumors, the markets will crash hard.

Now, I tend to not believe in conspiracy theories; they are usually ridiculous and absurd. But the incompetence of our current administration has grown to levels never seen before in this country, and it feels like we're in unprecedented times. That, along with the pandemic, has me hovering a finger over the "Sell everything" button which I normally wouldn't do.

Time will tell, I guess.

Someone looking only at the S&P 500 would have no idea that we have double-digit unemployment and are in the midst of a pandemic-induced recession/depression. Stocks have priced in a LOT of fed intervention and the expectation, which may be unrealistic, that the economy will bounce right back once the pandemic has passed (be it this year or next year).

 

[zorinlynx]

Is Tim Cook the best CEO of all time? Yes he is.

Is Tim Sweeney the dumbest CEO of all time? Yes he is.

I've come to think that both sides of this argument have been jerks and that we should just let the courts sort it out.

 

[subjonas]

I’m waiting until 3 or 4 trillion to buy shares. How does investing work?