Apple Nears Historic $4 Trillion Market Valuation

Analysts credit AI-driven iPhone upgrades and expanding services revenue for the company's rapid growth trajectory.

Apple's market capitalization stands at $3.92 trillion, with analysts predicting it will soon surpass $4 trillion, making it the first company to reach this milestone.
Wedbush analyst Dan Ives raised Apple's stock price target to $325, citing strong iPhone sales and the anticipated impact of Apple Intelligence, its AI platform.
Apple Intelligence, introduced with iOS 18.2, is expected to drive a multi-year AI-powered upgrade cycle for iPhones and other devices, creating new revenue streams.
The company has more than two billion active devices globally, with 300 million iPhones overdue for upgrades, fueling further growth potential.
Apple's control of both hardware and software, combined with its focus on services and capital returns, positions it ahead of competitors like Microsoft and Nvidia in market valuation.