Apple Just Closed the Day Above $5 Trillion for the First Time
Revenue rose 16.4% and earnings beat estimates as Apple’s buybacks and strong iPhone demand lifted shares despite margin and valuation concerns.
- Apple closed today with a market valuation of $5.01 trillion, becoming the second company ever to surpass this threshold following NVIDIA's achievement in October 2025. The milestone coincided with unveiling new Apple HomeView, HomePod mini 2, and Apple TV 4K products.
- CEO John Ternus, who assumed leadership on September 1, has overseen major product launches including the iPhone 18 Pro and iPhone Duo. These releases reflect the company's strategy to drive demand despite challenges from elevated memory costs.
- Shares rose 0.5% to $342.96 on the Nasdaq, outperforming peers as Oracle fell 8.83%, Meta dropped 3.27%, and Nvidia declined 3.16%. Apple stock now trades within 0.2% of its $345.34 52-week high.
- Following 10 straight earnings beats, Apple bought back $25.8 billion of stock last quarter. Wall Street analysts maintain 25 buy ratings, though Tim Cook called memory pricing "a 100-year flood," signaling potential headwinds.
- Apple's fiscal fourth-quarter earnings report on November 2 will clarify how the company navigated rising component costs and hardware price increases. The Wall Street model projects $395.69, reflecting 14.8% upside potential over the next 12 months.
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(New York = Yonhap News) Correspondent Lim Soo-jung = U.S. Big Tech company Apple has surpassed a market capitalization of $5 trillion (approximately 6,712 trillion won) for the first time in history.
Apple Becomes Second Company to Close Above $5 Trillion
Apple today closed with a market capitalization above $5 trillion, making it the second company to do so after Nvidia. As noted by The Wall Street Journal, Apple's market cap has exceeded $5 trillion six times before today during intraday trading, but this is the first time the company stayed above the mark at closing. Apple closed at $342.96, for a market cap of $5.005 trillion. The new valuation comes just over a month after John Ternus took o…
Apple joined Nvidia in the group of companies with a market value of more than US$ 5 trillion, this Wednesday (14), contrary to the most negative trend observed in the rest of the market. Exclusive material for subscribers. To have full access, access the link of the material and register.
Apple Just Passed $5 Trillion. Here's What Comes Next.
Apple just crossed a threshold no company has reached before, but the real debate is whether its loftiest valuation yet rests on a foundation strong enough to hold as margins compress and rivals grow faster.
Apple became the second company in history, after NVIDIA, to close trading with a market capitalization exceeding $5 trillion (approximately 790 trillion yen). While its stock price had previously surpassed the $5 trillion mark during trading hours, this was the first time it closed above $5 trillion. […]
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