Apple reaches $2trn: Has the tech rally gone too far, too fast?

Reaction to latest milestone

Lauren Mason
Apple's latest spike comes nearly two years since it first hit the $1trn mark

Apple's latest spike comes nearly two years since it first hit the $1trn mark

Yesterday's news that Apple's market cap has reached the $2trn mark has confirmed the ongoing "primacy" of the high-growth tech rally, according to industry commentators, although the future outlook for the sector is "less clear" due to regulatory concerns, US-China trade tensions and soaring valuations.

On Wednesday (19 August), the iPhone maker's price per share reached $468 during early Wall Street trading, marking a 60% increase in the value of its shares year to date. It was almost exactly two...

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