Article 57KP5 Apple's $2tn-plus value overtakes the entire FTSE 100

Apple's $2tn-plus value overtakes the entire FTSE 100

by
Mark Sweney
from on (#57KP5)

Index down almost quarter in year tech firm has thrived as people turn to digital services

Apple has notched up another milestone by overtaking the combined market value of the entire FTSE 100 index of the UK's biggest publicly listed companies.

The iPhone and iMac maker has had a stellar performance this year with its share price rising an astonishing 75%, and last month it became the first US company to reach a $2tn (1.48tn) market value. It has since climbed even further, reaching a new record of $2.268tn (1.69tn) in early US trading on Tuesday.

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