In July 2023, Apple became the first company in the world to exceed $3,000 billion in market capitalization. Since then, Microsoft and Nvidia have joined the club of companies valued at more than $3 trillion.
But now, Apple is close to $4,000 billion in capitalization. At the time of writing, the firm is worth more than $3.8 trillion. According to a Reuters article, the stock’s value has increased by 16% since November, adding $500 billion to the capitalization.
iPhone sales growth in 2024 is not expected to be exceptional. However, the rise in the stock’s value shows that some investors expect a rebound in 2025, thanks to artificial intelligence.
A supercycle?
As a reminder, Apple unveiled Apple Intelligence, its series of features based on artificial intelligence, in June at the WWDC conference. And currently, these features are gradually arriving on compatible models.
The first Apple Intelligence features arrived in October. And recently, Apple updated the iPhone to add more features, including the ability to integrate ChatGPT into the Siri interface. But other new AI features will arrive, via other updates, in 2025. And these could encourage other Apple customers to buy a more recent model.
Otherwise, remember that Apple Intelligence is not yet available on iPhones in the European Union. But Apple is already working on making its AI compliant with EU rules. Rumors also suggest that Apple could work with a Chinese tech giant, such as Tencent or ByteDance (the owner of TikTok), to deploy Apple Intelligence in the Middle Kingdom.
- In 2023, Apple was the first company to cross $3 trillion in market capitalization
- And currently, Apple’s value is approaching $4 trillion
- iPhone sales are not expected to see exceptional growth in 2024, but it is possible that new AI-based products will boost sales in 2025
- Apple Intelligence arrived on compatible iPhones in October and a recent update integrated ChatGPT into the Siri interface
