Apple’s market value hits $ 2 trillion

Apple’s stock price continues to climb and has risen more than one percent today to push the company to surpass $ 2 trillion in market cap by breaking above the $ 467.77 mark and overtaking briefly 468 dollars. Apple is the first American company to take this step.

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

Apple’s stock price has more than doubled from its low point just five months ago, and the company will complete a four-for-one stock split at the end of this month. This will bring Apple’s share price down to $ 100, but with four times as many shares outstanding, it won’t affect the overall market value of the company.