Apple breaks through $2trn 'psychological' valuation

People inside the Apple store in the Victoria Square shopping centre, Belfast, after all shopping centres and retailers were given the green light to reopen in a significant relaxation of coronavirus lockdown restrictions in Northern Ireland.

Apple became the first publicly listed US company with a $2 trillion stock market value, as Wall Street investors put aside challenges to its iPhone outlook in favour of bets it will only prosper more in the post-coronavirus world.

Shares in the company have surged since blowout quarterly results in July that saw the iPhone maker eclipse Saudi Aramco as the world’s most valuable listed company, up about 57% in value so far in 2020.