Apple on Tuesday briefly became the second publicly traded company in history to hit a market capitalisation of $5 trillion.
The tech giant hit the milestone less than a year after topping $4 trillion in October 2025.
Apple stock is up roughly 24% year to date and nearly 60% over the past 12 months, driven by strong iPhone sales.Investors have criticized Cupertino, Calif.-based Apple over the past few years, concerned that the company was too far behind in the AI race. While Apple initially debuted its Apple Intelligence platform in 2024, it delayed key parts of the software, including an upgraded version of Siri.
That led to executive shakeups at the company. Apple eventually signed a deal to use Google’s Gemini AI models to power the voice assistant.
Yahoo Finance
