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 hardware. Microsoft also hit $4 trillion for the first time in July before touching $4 trillion again today
For Apple’s part, it has a strong iPhone 17 hardware launch to thank for the timing of its $4 trillion milestone.
Källa: Apple hits $4 trillion milestone ahead of earnings report after strong iPhone 17 launch – 9to5Mac
