Apple is about to become the first company to be worth $4 trillion

Apple is set to hit another historic milestone, becoming the world's first company to be worth $4 trillion

Those from Cupertino are on the verge of another historic milestone towards the end of 2024, being the first company to be valued at $4 trillion. According to recorded data, it reached 3.9 billion on December 23, an action noted by several media such as Axios and Reuters. The main reason for the increase in value is that Its investors applaud the progress made in improving artificial intelligence this will undoubtedly improve the “slow sales” of Apple's latest iPhone 16.

Apple is poised to win the race to be top rated again against Microsoft and Nvidia

Another compelling reason why Apple is in this privileged position is that there has been a 16% increase in stocks since Novembersomething that added 500,000 million more to the capitalization of those from Cupertino. Although it is close to reaching a historic goal, it has recently been criticized for having a “slow AI strategy” compared to other companies like Meta, Amazon and Google which have managed to make progress, although only with some internal drawbacks. .

Reuters points out that one of the biggest contrasts and beneficiaries in terms of rising stocks has been Nvidia, which is up more than 800% in just two years. They're also currently among the biggest advances in AI, so it's no surprise that they're competing neck and neck with Apple.

iPhone 16 and AI will give Apple 4 billion

The most recent iOS 18.2 update integrates ChatGPT with Siri, in addition to launching other Apple Intelligence features on the iPhone. Apple expects revenue to be huge in its first fiscal quarter of 2025growth supported by Christmas purchases, thanks to the iPhone 16.

Analysts point to Apple as the favorite for growth in 2025, although demand for the iPhone is muted, given the short term. Once Apple Intelligence expands features and availabilitythere will be no doubt that will be your main impulse to improve demand.

An interesting factor that has been noted in the stock market is that Warren Buffett's company, Berkshire Hathaway sold Apple shares due to 'high valuation concerns'. Apparently, some believe that Apple's stock could be devalued in a few years. In 2022, he made headlines by purchasing 4 million shares of Apple stock.

Apple reached its largest market cap milestones in August 2018, August 2020, and June 2023 by reaching the latest trillion-dollar milestones from the first to the third trillion. Will we have a surprise at the end of 2024 or will it happen at the beginning of 2025?

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