positive
Recently
Apple races past $4 trillion market value as new iPhones revitalise sales
No Image
Apple hit $4 trillion in market value, driven by strong iPhone demand and improved investor sentiment around hardware sales.
Apple surpassed a $4 trillion market-capitalisation for the first time, bolstered by strong demand for its latest iPhone models and renewed confidence in its hardware-plus-services model. The stock has risen about 13% since the September launch of the iPhone 17 series, pushing the company into a trio of mega-cap firms. Analysts note that the momentum shows Apple’s ability to revitalise core business even as it lags in AI compared to some competitors. The valuation sets a high bar ahead of next-week earnings.