Apple Reaches $4 Trillion Market Value After iPhone 17 Success
Apple has become the third company in history to reach a $4 trillion market value, following Nvidia and Microsoft. The company’s stock rose on Tuesday, trading above $269 per share, after strong sales of its latest iPhone 17 model.
The rise pushed Apple’s total market value to $4 trillion (€3.4 trillion), marking a new record for the tech giant based in Cupertino, California. This milestone puts Apple in the same group as Nvidia and Microsoft, which both reached the same valuation earlier this year.
Nvidia, the chipmaking leader known for its role in artificial intelligence (AI), was the first company to cross the $4 trillion mark in July 2025. Its share price has continued to climb since then, driven by growing AI investments and strong profits. Nvidia’s value is now close to $4.7 trillion (€4 trillion).
These companies are part of the “Magnificent Seven,” a group of the world’s largest technology firms, including Apple, Microsoft, Alphabet (Google’s parent company), Amazon, Meta (Facebook’s parent company), Nvidia, and Tesla. These companies have benefited from the rapid growth of AI this year, with stock prices soaring. Since January, Apple shares have risen by more than 18%, Nvidia’s by nearly 40%, and Microsoft’s by around 30%.
While many tech giants are pouring billions into AI projects, Apple has mostly stayed cautious. Instead, its recent growth comes from strong iPhone 17 sales and improving trade conditions. Reports show that the iPhone 17 has sold 14% more units than the iPhone 16 during its first ten days in the United States and China, according to Counterpoint Research.
The current wave of enthusiasm for Apple’s products has helped the company keep its strong position in the market, even as rivals focus on AI. Meanwhile, investors are watching closely as several major tech companies—Apple, Microsoft, Amazon, Meta, and Alphabet—are set to release their quarterly earnings this week. These results will show whether their heavy investments in AI are paying off.
Some experts warn that the growing excitement around AI could lead to another financial bubble similar to the dot-com crash of 2000. Analysts are urging caution as share prices reach record highs across the sector.
Kate Leaman, chief market analyst at AvaTrade, explained that a few big tech companies are driving much of the stock market’s growth this year. “Markets move on leadership, and right now, the leadership of Microsoft, Meta, Alphabet, Amazon, and Apple is inseparable from the risk appetite of investors worldwide,” she said.
Leaman noted that over 40% of the S&P 500’s gains this year have come from these companies alone. However, she also warned that this level of concentration could make the market fragile. “Even as revenues climb,” she said, “what company executives say in the coming weeks will shape how far and how confidently the market continues to chase the AI story into 2026.”
Apple’s $4 trillion achievement highlights its ongoing strength, showing that innovation in hardware—like the iPhone—can still drive massive success, even in an era dominated by artificial intelligence.
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