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Apple briefly surpasses $4 trillion market cap amid iPhone revival
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Apple hit a $4 trillion valuation milestone as its iPhone 17 launch reinvigorated demand and investor confidence.
Apple Inc. briefly crossed a market-capitalisation of $4 trillion, driven by strong global demand for its latest iPhone models and renewed investor optimism in its hardware-plus-services model. The stock has gained about 13% since the iPhone 17 series launched in September, offsetting concerns around Apple’s AI lag. Analysts said the milestone highlights the strength of Apple’s ecosystem and pricing power. Still, Apple ended the day slightly below the peak valuation but remains one of the most valuable companies globally.