Is Apple’s Market Cap Going to $4 Trillion?

From Nasdaq: 2024-11-20 05:30:00

Apple (NASDAQ: AAPL) has been the most valuable company in the world, with a peak market cap of $3.6 trillion, now around $3.4 trillion. Warren Buffett cut his stake, but Apple’s ecosystem and AI integration make it a fan favorite, with potential to hit $4 trillion market cap soon.

Apple’s revenue grew 6% in Q4 to $95 billion, expected to continue growing steadily. With new AI features and services like Apple Pay and Apple TV, the $4 trillion milestone could be reached next year. While the stock is expensive, its dominance and reliability may justify the premium.

Consider other investment options as Apple wasn’t in the 10 best stocks identified by the Motley Fool Stock Advisor team. Their picks have historically outperformed the S&P 500, offering guidance on portfolio building and monthly stock picks. Past recommendations like Nvidia have generated significant returns.



Read more at Nasdaq: Is Apple’s Market Cap Going to $4 Trillion?