Apple hits $4 trillion milestone ahead of earnings report after strong iPhone 17 launch

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Apple hit a company milestone on Tuesday as its valuation reached $4 trillion for the first time. However, unlike previous trillion dollar milestones, Apple isn’t the first company to reach this record valuation.

Despite being the first company to hit $1 trillion in 2018, $2 trillion in 2020, and $3 trillion in 2022, Apple is third to reach $4 trillion after Nvidia and Microsoft.

Nvidia surpassed $4 trillion in July, as the AI explosion continues to rely on the company’s GPU…



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Apple hits $4 trillion milestone ahead of earnings report after strong iPhone 17 launch


Apple hit a company milestone on Tuesday as its valuation reached $4 trillion for the first time. However, unlike previous trillion dollar milestones, Apple isn’t the first company to reach this record valuation.

Despite being the first company to hit $1 trillion in 2018, $2 trillion in 2020, and $3 trillion in 2022, Apple is third to reach $4 trillion after Nvidia and Microsoft.

Nvidia surpassed $4 trillion in July, as the AI explosion continues to rely on the company’s GPU…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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