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Apple briefly crossed the $4 trillion market capitalization mark for the first time on Tuesday, becoming only the third company in history to achieve the milestone, buoyed by strong global demand for its newly launched iPhone lineup.
Apple’s stock rose to an intraday high of $269.89, giving it a market value of $4.005 trillion, before paring gains to close the day slightly higher at $3.992 trillion, up 0.1%. The rally underscores renewed investor confidence after months of concern about the company’s slow pace in adopting artificial intelligence technologies compared with rivals like Microsoft and Nvidia.
Shares of the iPhone maker have climbed 13% since the unveiling of the iPhone 17 series and the new iPhone Air on September 9. The rebound has lifted Apple into positive territory for the year, reversing earlier declines driven by fears of weakening demand in China and uncertainty over how escalating U.S. tariffs on Asian economies—especially China and India, where Apple’s key manufacturing hubs are located—would affect its production costs.
Early indicators suggest Apple’s latest smartphone lineup has struck a chord with consumers globally. Research firm Counterpoint reported that iPhone 17 sales were 14% higher than the previous model’s launch cycle in both the U.S. and China. Analysts said the ultra-thin iPhone Air has also gained traction in major markets such as Beijing and Moscow, helping Apple recapture market share lost to Samsung Electronics (005930.KS) and emerging Chinese competitors.
The achievement places Apple alongside Nvidia and Microsoft, the other two members of the exclusive $4 trillion market club. Nvidia currently leads with a valuation approaching $5 trillion, driven by booming demand for AI chips, while Microsoft follows closely, riding on its rapid expansion in AI cloud services through Azure and its partnership with OpenAI.
Apple’s milestone marks a sharp rebound from its sluggish first half of the year, when geopolitical tensions, tariff risks, and competitive pressure from Chinese handset makers weighed on its stock. Analysts say that while Apple continues to trail competitors in showcasing AI capabilities, its focus on integrating machine learning features into iOS and its expanding services business could sustain long-term growth.
Apple’s crossing of the $4 trillion mark cements its status as one of the world’s most valuable companies and underscores investors’ enduring faith in its innovation-driven growth, even amid shifting technology paradigms.
Apple’s stock rose to an intraday high of $269.89, giving it a market value of $4.005 trillion, before paring gains to close the day slightly higher at $3.992 trillion, up 0.1%. The rally underscores renewed investor confidence after months of concern about the company’s slow pace in adopting artificial intelligence technologies compared with rivals like Microsoft and Nvidia.
Shares of the iPhone maker have climbed 13% since the unveiling of the iPhone 17 series and the new iPhone Air on September 9. The rebound has lifted Apple into positive territory for the year, reversing earlier declines driven by fears of weakening demand in China and uncertainty over how escalating U.S. tariffs on Asian economies—especially China and India, where Apple’s key manufacturing hubs are located—would affect its production costs.
Early indicators suggest Apple’s latest smartphone lineup has struck a chord with consumers globally. Research firm Counterpoint reported that iPhone 17 sales were 14% higher than the previous model’s launch cycle in both the U.S. and China. Analysts said the ultra-thin iPhone Air has also gained traction in major markets such as Beijing and Moscow, helping Apple recapture market share lost to Samsung Electronics (005930.KS) and emerging Chinese competitors.
The achievement places Apple alongside Nvidia and Microsoft, the other two members of the exclusive $4 trillion market club. Nvidia currently leads with a valuation approaching $5 trillion, driven by booming demand for AI chips, while Microsoft follows closely, riding on its rapid expansion in AI cloud services through Azure and its partnership with OpenAI.
Apple’s milestone marks a sharp rebound from its sluggish first half of the year, when geopolitical tensions, tariff risks, and competitive pressure from Chinese handset makers weighed on its stock. Analysts say that while Apple continues to trail competitors in showcasing AI capabilities, its focus on integrating machine learning features into iOS and its expanding services business could sustain long-term growth.
Apple’s crossing of the $4 trillion mark cements its status as one of the world’s most valuable companies and underscores investors’ enduring faith in its innovation-driven growth, even amid shifting technology paradigms.
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