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Apple Hits $1.5 Trillion Market Cap

TheMotleyFool

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Numerous Wall Street analysts have been wondering how long it might take for Apple (NASDAQ: AAPL) to reach a $2 trillion market cap. Recently, Evercore analyst Amit Daryanani suggested it might take another four years. The stock has roared back from March lows when the market sold off over COVID-19 fears to reach fresh all-time highs.

In the process, Apple has now become the first U.S. company to reach a $1.5 trillion market valuation.