Apple has reached a market capitalization of $3.85 trillion, edging closer to the $4 trillion mark thanks to the integration of AI features that have boosted sales of its latest iPhones, reports Reuters.
Since November 2024, Apple shares have risen by 16%, adding $500 billion to its market value. This surge has allowed the company to surpass NVIDIA and Microsoft, which have been actively competing for the top spot throughout the year. The success is attributed to strong investor interest in the adoption of AI functionalities.
Recently, Apple released iOS 18.2, introducing the Image Playground app for creating stylized images, ChatGPT integration into Siri, and enhancements to several existing AI features. While these updates may have a limited short-term impact on iPhone 16 sales, analysts remain optimistic about 2025.
According to LSEG data, iPhone revenue is expected to grow next year. Morgan Stanley analysts predict that demand for Apple smartphones in 2025 will increase due to the adoption and expansion of AI features in additional markets. Furthermore, the company’s stock is considered one of the top investment opportunities for 2025.
In November 2023, Apple became the first company in the world to reach a market capitalization of $3 trillion. Microsoft and NVIDIA later joined the club. Now, the iPhone maker is also poised to become the first company to achieve a $4 trillion valuation.