Apple has done it again. The company’s market valuation briefly hit $4 trillion this week, marking another jaw-dropping milestone in its history. But this time, Apple isn’t alone at the top — Nvidia and Microsoft both crossed the same mark earlier this year.
Apple Joins the $4 Trillion Club
It’s wild to think that Apple became the first company to hit $1 trillion in 2018, then doubled to $2 trillion in 2020, and hit $3 trillion in 2022. Fast forward to 2025, and Apple is now the third company to reach $4 trillion.
While Nvidia rode the AI boom and Microsoft’s cloud business surged, Apple’s growth story this quarter comes down to one thing: the iPhone 17. The latest iPhone lineup has seen impressive early demand, helping push Apple’s stock higher just ahead of its next earnings report.
What’s Next for Apple
Apple is set to announce its quarterly earnings this Thursday, and all eyes are on how the iPhone 17 launch week impacted sales. Even though Apple no longer reports exact iPhone unit numbers, revenue figures should paint a clear picture of how the iPhone 17 compares to the iPhone 16 launch.
The company didn’t close the trading day above $4 trillion — the stock dipped slightly afterward — but reaching that level, even briefly, signals strong investor confidence.
Why It Matters
For Apple fans and investors, this milestone shows the company’s incredible staying power in a year dominated by AI and hardware innovation. While Nvidia and Microsoft lead in AI software and chips, Apple continues to prove that its ecosystem of devices, especially the iPhone, remains one of the most powerful forces in tech.
Stay tuned for Thursday’s earnings report, where we’ll get a better look at just how much the iPhone 17 has fueled Apple’s climb to the top.
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