Apple Is Nearing 4 Trillion Market Cap

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steemychicken14.7 K3 days ago4 min read

Today we’re diving into the hottest and most talked-about news about Apple. Because, ladies and gentlemen, Apple is just a breath away from becoming the second company ever to reach a market capitalization of $4 TRILLION!


IPHONE 17

The new iPhone 17 is proving to be a massive success — exceeding every expectation, both in terms of technology(?) and market demand.

According to Counterpoint Research, the iPhone 17 series has sold 14% more units than the iPhone 16 in its first 10 days on the market, both in the U.S. and China.

And if that doesn’t impress enough, listen to this: the base iPhone 17 model has sold 33% more than its predecessor. In China, it’s the ultimate best-seller, with consumers clearly favoring the more affordable model.

In the U.S., however, things look completely different. The star there is the iPhone 17 Pro Max, largely due to generous subsidies from AT&T, Verizon, and T-Mobile. These carriers are essentially “giving away” the phone with long-term contracts — turning an ultra-premium product into a mainstream one.

Mobile carriers in the U.S. are trying to “lock in” customers with multi-year commitments, offering the device virtually free and securing long-term revenue through recurring fees.

The result? Record sales, investor enthusiasm, and renewed market confidence in Tim Cook and his team.


EXCITEMENT ON WALL STREET

As a result, Loop Capital and Evercore ISI rushed to upgrade Apple ($AAPL).

  • Loop Capital raised its price target to $315 (from $226).
  • Evercore ISI not only maintained its “Outperform” rating but also added Apple to its Tactical Outperform list, targeting $290.

At the same time, Wedbush, one of the most influential investment firms, argues that the market underestimates the iPhone 17’s impact. They estimate that 315 million users haven’t upgraded their phones in the past four years — and the iPhone 17 might be the one to “move” them.

In addition, the cheaper and thinner iPhone Air, introduced just a month ago, sold out within minutes in China. That’s a market that had recently been tough for Apple — but now it’s roaring back. Analysts believe the iPhone Air could dominate emerging markets thanks to its blend of affordability and high-end features.


ARTIFICIAL INTELLIGENCE

And it’s not just about the iPhone. Wedbush analysts are also bringing artificial intelligence into the conversation. Even though Apple hasn’t yet unveiled a full AI roadmap, expectations are sky-high.

As they put it:

“With the largest installed base of devices in the world (2.4 billion iOS devices), Apple has the opportunity to turn AI into an economic superpower.”

Wedbush estimates that Apple’s AI strategy could add $75–100 per share to its stock price over the coming years. The firm continues to list Apple among its Best Ideas and in its elite AI30 portfolio.

According to the report, Apple has fallen behind competitors like Google and Microsoft in AI — but its key advantage is its massive user base. If it manages to effectively monetize that base through AI-powered services, its revenue could skyrocket with zero customer acquisition cost.


INVESTMENT PERSPECTIVE

Now you might be wondering:

If we don’t personally own Apple ($AAPL), does this rally still affect us?

Yes — and quite a lot.

Apple is the second-largest company in the S&P 500, meaning it carries enormous weight in any ETF that tracks the index.

So, as Apple goes up, the S&P 500 goes up. And as the S&P rises, so does our portfolio — as long as we invest in broad-market ETFs.

That’s one of the greatest advantages of passive investing: we get to benefit from the success of corporate giants, even if we don’t follow every single detail about them.

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