At the end of March 2020, we discussed the comeback of Microsoft. On March 27, 2020, Microsoft had the lead over Apple for market capitalization: “As of March 27, 2020, Microsoft was at $1.14 trillion and Apple was at $1.08 trillion, due to COVID-19.” For the last sixth months, Apple stock has been on a tear. And Apple is the first 2 trillion dollar US company.
On a Real Run: Apple Is the First 2 Trillion Dollar US Company
Last Wednesday (August 19, 2020), Apple stock’s intraday valuation hit the $2 trillion mark. Nearly double its March 2027 figure.