How Apple Became America's First $2 Trillion Company: CNBC After Hours

CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC.com technology editor Steve Kovach explains how Apple's market value grew to $2 trillion — the first U.S. publicly traded company to cross that threshold. But as the big tech names like Apple reach new heights, the underlying economy is struggling. As jobless claims rise, CNBC's Rahel Solomon breaks down which states have been approved to pay out the additional $300 per week federal benefit.

CORRECTION At 2:34, this video misspelled Colorado.

For more stories check out:

0:34 - Wall Street Scoreboard
0:55 - Unemployment Unfairness
3:22 - CNBC Soundcheck
5:06 - Apple's $2 trillion value
8:37 - Numbers Round

About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online

#CNBC

[Vedrajrm]

Loving this series, a lot of useful content

[chada]

Got to give it to her, She's looking less and less like an robot than when she first started.

[Omar-emrl]

i'm pretty sure it was just yesterday Apple had just surpassed 1 trillion, wtf, where was I.

[Ravidist]

Everyone realizes we're talking about Monopoly money now right? None of this is actually real. We're in Zimbabwe land now

[channels]

Thanks for not putting any ads on this video :)

[kkp]

thank you robinhood traders for the $2 Trillion

[IReapZz]

And they say apple doesn’t employ monopolistic policies now with the issue they are having with epic.... you don’t get there without employing monopolistic policies and doing very shady things. They are already trying to boost services by working on their game subscription and blocking cloud x service from microsoft from entering the apple store

[RicePho]

How? By not fken paying tax and paying slave labor wages to 3rd world country to make their product while jacking the price up 3x its worth.

[adityapatnaik]

Sigalos is the best reporter out there !

[ps-zpmr]

*This is clearly a sign of disaster if a company can get this much overvalued in a recession*

[letrat]

6:05 when i see such charts i think bubble

[ashwinikendhe]

CNBC logo is like Huawei, is this correct 😅😅

[mr.nmoney]

I looked at 6 funds thru fidelity 3 of which are supposed to have NOTHING to do with tech, but ALL 6 funds invest in apple. That’s how apple keeps growing. Imagine if you have a company and every fund, 401k, and advisor keeps investing in you. Thousands millions billions steadily coming in

[rapidfiremuzik_official]

When they say "2 Trill", is this money that company actually "has" or is actually "worth"??

[harikrishnae]

I am still happy with out using products from most valuable company till date! is there anything seriously wrong with me?

[DCM]

why is everyone getting his name wrong, trump told y'all it's Tim apple lol

[spacetme]

Start using YouTube's news checkpoint in the seek bar.

[lu]

Up until this point: 5:16, I had no idea how "trillion" was spelt.

[raysonlogin]

Comparing market cap to annual GDP, what's the point?

[heinrichklaus]

Does that mean I would have to sell my shares in Apple?