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154 new news items in the last 24 hours
Tuesday 14:55

Apple has surpassed the threshold of 4 trillion dollars in market capitalization, due to strong demand for the new iPhone models, despite challenges in the sector.

Matei Gaginsky
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Economy
Foto: Pixabay

Apple has reached a market capitalization of over $4 trillion, becoming the third technology company to reach this milestone, after Nvidia and Microsoft. This achievement was driven by strong demand for the latest iPhone models, which helped alleviate concerns about the company's slow progress in the field of artificial intelligence. Apple shares have risen by about 13% since the launch of the new iPhones on September 9, marking a significant recovery.


The iPhone generates over half of the company's revenue and profit, and the success of recent sales has attracted customers from around the world. Although Apple has faced challenges due to competition from China and imposed tariffs, the new models, including the iPhone 17 and iPhone Air, have had a positive impact on sales. Analysts estimate that strong demand will exceed market expectations for the quarter ending in September, and the company will announce its financial results on October 30.

Sources

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Financial Intelligence
Capitalizarea de piaţă a Apple a depăşit 4.000 de miliarde de dolari graţie succesului noilor iPhone
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Hot News
Apple a devenit a treia companie din istorie care valorează mai mult de 4 trilioane de dolari
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NBC News
Apple becomes third company in history to crack $4 trillion market value

ȘTIRI PE ACELEAȘI SUBIECTE

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Economy
Apple shares rose to $262.24, a new all-time high, due to positive estimates for iPhone 17 sales.
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IT&C knowledge
Apple recorded revenues of 102.47 billion dollars, with a profit of 27.47 billion, significantly up compared to last year.
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Economy
Nvidia's shares rose by 3% in premarket trading, advancing towards a market capitalization of 5 trillion dollars, following record orders for AI chips and plans for supercomputers for the USA.
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IT&C knowledge
Microsoft shares fell by nearly 4% after the announcement regarding the increase in capital expenditures, despite solid revenues from the Office and LinkedIn divisions.
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IT&C knowledge
OpenAI has completed its restructuring, and Microsoft has reached a market capitalization of 4 trillion dollars. A new non-profit foundation will hold stakes in OpenAI.
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