The company made Wall Street history on Wednesday as it became the first U.S. company with a market capitalization of more than $2 trillion, with its share price up 59% over the year. Shares of the iPhone maker rose 1.3% to $468.09 in early trading. The shares have more than doubled from their March lows, boosted by strong earnings results and optimism about the upcoming 5g iPhone. Logan purk, analyst at Edward Jones, said the market capitalization was “a milestone, but in terms of its ultimate impact, it was just a number.”. This also strengthens Apple’s position as the world’s largest company by market value. Although the market value of Saudi Aramco briefly reached $2 trillion in December, its share price then fell and is currently worth about $1.8 trillion. In the U.S. listed companies, apple is closely followed by Amazon and Microsoft, both of which have a market value of less than $1.7 trillion. < / P > < p > in a telephone interview, purk reiterated his holding rating on Apple’s shares and suggested that “new money is elsewhere in the technology sector” to look for better opportunities. For apple, “big catalysts have been well digested by the market, especially the 5g iPhone.”.