Apple approaches $4 trillion capitalization milestone

Since then, Microsoft and Nvidia have joined the club. However, Apple is starting to pick up the pace again, with rapid growth approaching the $4 trillion mark. The iPhone maker’s market capitalization is now estimated at more than $3.8 trillion.

Apple's market value has now reached more than 3,800 billion USD

Report from Reuters shows that Apple's stock price has increased by 16% since November, equivalent to an increase of $500 billion in market capitalization. Although iPhone sales in 2024 are not too impressive, investors still expect the company to recover in 2025 thanks to the development of artificial intelligence (AI).

AI makes Apple stock more attractive?

Back in June, at its WWDC 2024 developer conference, Apple announced the Apple Intelligence suite, which includes a range of AI-based features. The first Apple Intelligence features were rolled out in October, and Apple recently updated the iPhone to add more new features, including the ability to integrate ChatGPT into the Siri interface. Other new AI features are expected to be released via updates in 2025, encouraging users to upgrade their devices.

It should be noted, however, that Apple Intelligence is not yet available on iPhones in the European Union (EU) as the company is still working to ensure its AI technology complies with EU regulations. Additionally, Apple is also said to be working with some Chinese tech giants such as Tencent or ByteDance (owner of TikTok) to deploy Apple Intelligence in this market.

Source: https://thanhnien.vn/apple-tien-gan-cot-moc-von-hoa-4000-ti-usd-185241225131458988.htm