In August of 2018, Apple became the first of the companies technologys whose value was estimated at 1 trillion dollars after 42 years of operation.
Two years after achieving this goal, the company became the first to be worth $2 trillion.
The Cupertino-based company officially crossed the $ 2 trillion mark yesterday, when its share price rose to $ 467,79 before falling to $ 465.
The sharp rise in Apple's value comes at a time when it has been forced to close stores around the world due to the ongoing coronavirus pandemic.
At the start of the pandemic, Apple's share price had fallen to $ 224 from $ 324 last month. But with the aftermath of the pandemic, Apple stocks began to recover much faster.
Η Amazon, η Microsoft και η Alphabet είχαν επίσης απότομες αυξήσεις στην τιμή της μετοχής τους από τότε που ξεκίνησε η πανδημία. Ο τομέας της τεχνολογίας υπήρξε ένας από τους λίγους που επωφελήθηκαν κατά τη διάρκεια του COVID-19 καθώς όλο και περισσότεροι άνθρωποι αναγκάζονται να στραφούν σε ψηφιακές λύσεις για να συνεχίσουν να εργάζονται.
Depending on how long COVID-19 hits societies, we could see the current rate hike in technology companies continue for some time. So it is very likely that some of the aforementioned companies will reach $ 2 trillion.
As we go along, the state of the global economy is starting to make it easier to lose seats work, it will be interesting to see what comes next with companies like Apple.
Apple focuses on premium consumer products products, but if the public's purchasing power begins to wane, the current conditions could be reversed.
Weak buying traffic could make the public choose cheaper alternatives to Apple premium products.