Apple nears $4 trillion market capitalization

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In July 2023, Apple became the first company in the world to surpass $3 trillion in market capitalization. Since then, Microsoft and Nvidia have joined the club of companies valued at over $3 trillion.

But now, Apple is close to a $4 trillion market capitalization. At the time of writing, the company is worth over $3.8 trillion. According to a Reuters article, the stock has increased 16% since November, adding $500 billion to its market capitalization.

iPhone sales growth in 2024 is not expected to be exceptional. However, the rise in the stock price shows that some investors expect a rebound in 2025, thanks to artificial intelligence.

A supercycle?

As a reminder, Apple unveiled Apple Intelligence, its series of features based on artificial intelligence, in June, at the WWDC conference. And currently, these features are gradually arriving on compatible models.

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The first Apple Intelligence features arrived in October. And recently, Apple updated the iPhone to add other features, including the ability to integrate ChatGPT into the Siri interface. But other new AI features will arrive, via other updates, in 2025. And these could encourage other Apple customers to buy a newer model.

Otherwise, we remind you that Apple Intelligence is not yet available on iPhones in the European Union. But Apple is already working on making its AI compliant with EU rules. Rumors also suggest that Apple could work with a Chinese tech giant, such as Tencent or ByteDance (the owner of TikTok), to deploy Apple Intelligence in the Middle Kingdom.

• In 2023, Apple was the first company to cross the $3 trillion market cap mark
• And right now, Apple is worth close to $4 trillion
• iPhone sales aren’t expected to see exceptional growth in 2024, but AI-powered innovations could boost sales in 2025
• Apple Intelligence arrived on compatible iPhones in October, and a recent update brought ChatGPT to Siri's interface

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