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Apple's stock rose following positive holiday quarter forecasts driven by the new iPhone 17 lineup, despite shipping delays to China. Investors remain hopeful despite supply constraints. Apple's integration of AI features progresses cautiously amid competitive pressure from tech giants.
EDT Apple (AAPL) market cap tops $4 trillion for first time, shares up 38c to $269.20 Published first on TheFly – the ultimate source for
Apple's market cap recently crossed the $4 trillion mark for the first time ever. Signs that the U.S. could reach a trade deal with China have helped the company reach a record valuation level. A U.S.-China trade deal would be good for Apple on multiple levels.
Apple ( AAPL) has become the latest company to reach the $4 trillion market cap mark, joining the likes of Nvidia ( NVDA) and Microsoft ( MSFT ). Apple's shares received a further boost following Counterpoint Research's report that the new iPhone 17 lineup outsold the iPhone 16 over the first 10 days it was available in the US and China.
Apple’s market cap surged past $4 trillion on Tuesday, propelled by blockbuster iPhone 17 sales—making it the third company ever to hit the milestone.
Apple briefly reached a $4 trillion valuation, becoming the third company ever to do so after Nvidia and Microsoft.
A pple became the third company in history to be valued at $4 trillion, joining AI giant Nvidia and Microsoft as the only firms to reach the milestone, with Apple’s shares surging in recent weeks since unveiling its latest line of iPhones.
Apple and Microsoft are neck-in-neck in the race to become the stock market’s second $4 trillion company. Microsoft briefly [crossed the threshold](
A day after Microsoft became the second-ever company to finish a trading session with a $4 trillion market capitalization, Apple became the third. Apple achieved the feat on Wednesday, following a brief flirtation with the requisite level on an intraday basis Tuesday.