Apple won’t control every part of the process this time.Credit: CFOTO/Future Publishing
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Apple reached a $5 trillion market capitalization on July 28 Eastern Time, reclaiming its position as the world’s most valuable company. Unlike cloud-heavy peers, Apple’s capital-light AI strategy—prioritizing on-device features and leveraging existing hardware ecosystems—has shielded it from mounting infrastructure costs. While its stable cash flows and services revenue support long-term growth, the current 41x…
Washington DC. Tech giant Apple’s market capitalization briefly exceeded 5 trillion US dollars for the first time in history on Tuesday.
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Apple’s market value briefly climbed above the $5 trillion mark for the first time, making it only the second company in history to reach the milestone after Nvidia.
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They are seen as the big laggard in tech’s fastest-growing field — and it is doing them no harm at all. Quite the opposite:
Apple’s market capitalization briefly surpassed US$5 trillion for the first time on Tuesday, making it only the second company ever to achieve that milestone after Nvidia.