Apple has achieved a historic milestone, becoming the world’s third-largest tech company to surpass a $4 trillion market value, following in the footsteps of Nvidia and Microsoft.
The company’s market capitalization briefly touched $4.005 trillion after shares surged to $269.89 before closing slightly lower at $3.992 trillion.
iPhone 17 and iPhone Air Drive Growth
The latest rally was fueled by the successful launch of the iPhone 17 series and iPhone Air, which pushed Apple’s stock up 13% since September. The new devices have received strong consumer demand, especially in the U.S. and China, boosting investor confidence in Apple’s long-term growth.
Analysts Predict Continued Momentum
Market analysts expect Apple’s upcoming quarterly results to exceed expectations, citing robust iPhone sales, expanding services revenue, and continued innovation in AI-powered features across its product line.
If the momentum continues, Apple could solidify its position alongside Microsoft and Nvidia as a leader of the $4 trillion tech era.
