Apple at $2 Trillion Leaves No Room for Error


Apple Inc. became a $2 trillion company on Wednesday. The irony is this shows just how little it can afford to lose.

On Wednesday morning, Apple’s share price topped the level needed to exceed a $2 trillion market capitalization. That level didn’t quite hold at the closing bell. But Apple has still enjoyed a strong run: The stock has averaged a weekly gain of 3.5% since the beginning of June, according to FactSet. Its business has proven surprisingly resilient to the pandemic. The company still generates more than 80% of…



Read More: Apple at $2 Trillion Leaves No Room for Error

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.