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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Apple (NASDAQ: AAPL) Hits $5 Trillion Market Cap As Tim Cook's Disciplined Strategy Pays Off
Apple (NASDAQ: AAPL) has surpassed a $5 trillion market valuation, making it the second largest company by market cap, trailing only Nvidia (NASDAQ: NVDA). The milestone comes just weeks after Apple faced widespread criticism for lagging behind Big Tech rivals in artificial intelligence infrastructure spending. While competitors poured capital into AI development, Apple held back, […]
Apple became the second company in the world after Nvidia, whose market capitalization exceeded the 5 trillion dollar mark at the end of the trade session. The smartphone manufacturer iPhone finished the bidding on Wednesday at a record level, enabling it to break the $5 trillion mark. Apple became the second company in the world after the Nvidia microchips that had reached that level, says The Wall Street Journal. According to Dow Jones Market …
Apple joins Nvidia as the only listed in the world with a capitalization above five billion dollars (4.4 billion euros).
(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.
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