Apple reaches four trillion dollars in capitalization after Microsoft and Nvidia

The Apple market capitalization reached this Tuesday, moments after the opening of Wall Street, the level of four trillion dollars (3.4 trillion euros), thus becoming the third company to achieve this milestone, after Nvidia and Microsoft. Apple’s share price rose 0.39% shortly after the bell, to reach an intraday high of $269.87thereby surpassing said barrier, although after a few minutes of trading it turned around and recorded slight losses.

The company’s stock market value, which has increased by just over 10% so far this year, gained new strength in October, when it rose around 8% in a couple of weeks, driven by the good data from sale of the iPhone 17 in China and the United States. Prior to the ‘apple company’, Nvidia reached 4 billion dollars in stock market value on July 9, becoming the first company to reach this valuation, which currently exceeds 4.7 trillion dollars, with a revaluation of almost 40% in 2025 and 77% in just six months.

Subsequently, on July 31, it would be Microsoft that crossed the barrier of 4 trillion dollars in stock market value, which the Redmond giant has reconquered this Tuesday, boosted by its participation in OpenAI. On your side, Alphabet, parent company of Googlemanaged to reach a capitalization of 3 trillion dollars (2.6 trillion euros) for the first time last month, which is currently close to 3.3 trillion dollars (2.8 trillion euros).

Apple Stock Milestones

Apple managed to overcome the barrier of 3 billion dollars (2.6 billion euros) for the first time. on June 30, 2023, almost three years later that on August 19, 2020, it was the first listed US company to reach 2 trillion dollars (1.7 trillion euros) in valuation.

Likewise, on August 2, 2018, Apple became the first American company and the first privately traded company to reach a trillion dollar valuation, more than a decade after PetroChina will achieve thirteen-digit capitalization after its debut on the Shanghai Stock Exchange in November 2007, although the Chinese state oil company was then unable to maintain its listing. The Cupertino company debuted on the stock market on December 12, 1980 at a price of $22 per share and since then it has carried out five splits.