Apple's market capitalization reached $5 trillion for the first time

Apple's market capitalization reached $5 trillion for the first time. During trading, the stock rose 1.8%, climbing above the $340.5 mark for the first time.

At the time of publication, Apple shares had given up some of their gains—they were up 0.6% and trading at $339.1. However, the iPhone maker’s stock was outperforming other tech stocks—the Nasdaq Composite was in the red at the same time.

Apple has become the second publicly traded company in history, after Nvidia, to reach a market capitalization of $5 trillion. The iPhone maker crossed this threshold less than a year after its market capitalization surpassed $4 trillion last October.

Apple's stock has risen by about 24% since the start of the year and by nearly 60% over the past 12 months. Strong iPhone sales have contributed to this growth, according to Yahoo Finance.

Over the past few years, investors have criticized Apple, fearing that the company has fallen too far behind in the AI race, according to Yahoo Finance. The company unveiled the Apple Intelligence platform in 2024 but delayed key software features, including an updated version of Siri. This led to a shakeup in the company’s leadership. As a result, Apple reached an agreement to use Google’s Gemini AI models to power its voice assistant. Apple is now expected to launch a beta version of the updated Siri alongside a foldable iPhone and the iPhone 18 lineup this fall.

Due to its relatively limited presence in the AI market, Apple did not experience the same explosive growth as some of its competitors from the “Magnificent Seven” following the launch of ChatGPT in November 2022. Among this group, Nvidia’s stock saw the strongest gains, rising by approximately 1,125%, while Meta’s stock rose by about 386% and Google’s by 226%. Apple’s stock rose by 130% during this period.

However, Apple has also been shielded from the sharp sell-offs experienced by AI-focused companies. For example, Microsoft’s stock has struggled since reaching a record closing high of $542.07 in October 2025: it has since fallen by about 28% amid questions about AI spending and its return on investment. For Apple, however, the impact of the AI boom has been different: the company has been forced to raise prices for Macs and iPads due to rising memory chip costs. And while the company has not yet raised iPhone prices, that could change with the release of its new smartphones, according to Yahoo Finance.

This article was AI-translated and verified by a human editor