Apple is expected to reach a market cap of $4 trillion with AI technology growth.

From NASDAQ: 2024-09-07 03:05:00

Since the rise of AI, Nvidia has been a standout, with a 639% stock gain and a market cap of $2.6 trillion. However, Apple could soon follow, potentially reaching a market cap of over $4 trillion in the next year. Apple’s sales have surged, capturing the top spots in the smartphone market.

Apple is poised to unveil the first iPhone featuring generative AI capabilities, including AI-powered mail summaries and photo searches. Wall Street sees a $4 trillion market cap for Apple as the company introduces AI technology with its upcoming iPhone, potentially selling 240 million units in fiscal 2025.
Investing in Apple now could have remarkable returns, as the company’s growth trajectory looks promising. Apple’s focus on AI technology in its upcoming iPhone could accelerate its growth and push its stock price higher, possibly reaching a $4 trillion market cap over the next 12 to 18 months.



Read more at NASDAQ: Forget Nvidia: Meet the Supercharged Growth Stock Headed to $4 Trillion Over the Coming 12 to 18 Months, According to 1 Wall Street Analyst