Apple’s reported market value is moving closer to $2 trillion amidst the world’s economic winter.

“Apple shares jumped more than 10% on Friday after the company reported earnings, reaching an all-time high. The stock rose another 2.5% on Monday to $435.75, giving Apple a valuation of $1.86 trillion.” (CNN Business)

Apple dethroned previous world leader, Saudi Aramco, which is worth roughly 1.76 trillion. Now AAPL stock has surpassed the Saudi oil giant, with its price at $435.75 a share. Apple’s current market evaluation sits at roughly $1.84 trillion, with $2 trillion just on the horizon.

“The company has recovered from its pandemic low-point in March. Shares are up more than 44 per cent this year, said CNBC.” (Decconchronicle.com)

Contrary to what some may think, apprantly the shutting down of retail hasn’t toppled the tech giant’s stocks:

“Apple saw widespread retail closures during the quarter, especially in the United States, but cited work-from-home trends and strong online sales as delivering a boost to overall operations.” (Decconchronicle.com)

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