SAN FRANCISCO(The COW News Digital) Apple Inc., the maker of the iPhone and one of the world’s most valuable brands, has reached a market valuation of $4 trillion, becoming the third-largest technology company globally after Nvidia and Microsoft.
According to market data, Apple’s stock briefly hit $269.89 per share, pushing its total valuation to $4.005 trillion, before closing slightly lower at $3.992 trillion. This milestone reinforces Apple’s dominance in the global tech landscape, following months of volatility in the stock market.
Apple joins Microsoft and Nvidia as the only companies to cross the $4 trillion threshold. Nvidia remains the leader, valued at around $5 trillion, driven by massive demand for artificial intelligence chips, while Microsoft maintains second place thanks to its robust cloud computing and AI services.
The latest surge in Apple’s share price comes after the successful launch of the iPhone 17 series and iPhone Air in September. Since the launch, Apple’s stock has climbed by 13 percent, marking a strong recovery from a sluggish first half of the year. Analysts say this turnaround positions Apple for stronger earnings in the upcoming quarters.
Industry experts attribute the rally to exceptionally strong global demand, particularly in the United States and China, where early sales of the iPhone 17 have exceeded expectations. Research firm Counterpoint reported that iPhone 17 sales are 14 percent higher than those of its predecessor, signaling renewed consumer confidence in Apple’s innovation cycle.
Investment bank Evercore ISI predicts that Apple’s robust performance could help it outperform market expectations in its September-quarter results and generate positive momentum for the December quarter. The company is set to release its fourth-quarter financial results on October 30.
Currently, Apple’s stock is trading at 33 times its projected earnings for the next 12 months, significantly higher than the estimated 27 times, suggesting investor optimism remains high despite growing competition in the AI-driven tech sector.
Analysts believe Apple’s next phase of growth will hinge on integrating artificial intelligence features into its ecosystem, along with expanding its wearables and services business to reduce reliance on iPhone sales.
As Apple crosses this historic benchmark, it continues to demonstrate that innovation, brand power, and consumer loyalty remain its strongest assets in an increasingly competitive technology market.
