The post Apple’s Valued At $4 Trillion—3rd Company In History appeared on BitcoinEthereumNews.com. Topline Apple became the third company in history to be valued at $4 trillion, joining AI giant Nvidia and Microsoft as the only firms to reach the milestone, with Apple’s shares surging in recent weeks since unveiling its latest line of iPhones. The iPhone maker’s stock has surged in recent weeks after unveiling its latest products. AFP via Getty Images Key Facts Shares of Apple rose as much as 0.4% Wednesday morning, briefly pushing the company’s market capitalization above $4 trillion for the first time. Apple’s stock has since pared back earlier gains, falling from an all-time high of $269.20 to around $268.60 as of 11:35 a.m. EDT. Microsoft, which hit the milestone for the first time in July, similarly rose above the $4 trillion threshold as shares climbed 2% as of 11:30 a.m. EDT, raising Microsoft’s market cap to around $4.04 trillion. Apple ranks third behind Microsoft and Nvidia ($4.6 trillion) as the world’s largest companies, and ahead of Alphabet ($3.2 trillion), Amazon ($2.4 trillion) and Broadcom ($1.7 trillion), respectively. What To Watch For Apple will report fourth-quarter earnings Thursday, following Microsoft’s earnings Wednesday. Wall Street anticipates Apple reporting earnings per share of $1.78 and $102.1 billion in revenues, which is expected to be largely driven by iPhone sales ($50 billion), according to FactSet. Economists forecast $3.67 earnings per share for Microsoft through its latest quarter, with revenues expected to top $75.3 billion. Key Background Apple shares have rallied more than 15% since the company launched its iPhone 17 and new versions of the iPad Pro, Vision Pro and MacBook Pro on Sept. 9. The latest iPhone model outsold the iPhone 16 by 14% over the first 10 days on the market in the U.S. and China, according to Bloomberg. Apple joins Nvidia and Microsoft as the latest company… The post Apple’s Valued At $4 Trillion—3rd Company In History appeared on BitcoinEthereumNews.com. Topline Apple became the third company in history to be valued at $4 trillion, joining AI giant Nvidia and Microsoft as the only firms to reach the milestone, with Apple’s shares surging in recent weeks since unveiling its latest line of iPhones. The iPhone maker’s stock has surged in recent weeks after unveiling its latest products. AFP via Getty Images Key Facts Shares of Apple rose as much as 0.4% Wednesday morning, briefly pushing the company’s market capitalization above $4 trillion for the first time. Apple’s stock has since pared back earlier gains, falling from an all-time high of $269.20 to around $268.60 as of 11:35 a.m. EDT. Microsoft, which hit the milestone for the first time in July, similarly rose above the $4 trillion threshold as shares climbed 2% as of 11:30 a.m. EDT, raising Microsoft’s market cap to around $4.04 trillion. Apple ranks third behind Microsoft and Nvidia ($4.6 trillion) as the world’s largest companies, and ahead of Alphabet ($3.2 trillion), Amazon ($2.4 trillion) and Broadcom ($1.7 trillion), respectively. What To Watch For Apple will report fourth-quarter earnings Thursday, following Microsoft’s earnings Wednesday. Wall Street anticipates Apple reporting earnings per share of $1.78 and $102.1 billion in revenues, which is expected to be largely driven by iPhone sales ($50 billion), according to FactSet. Economists forecast $3.67 earnings per share for Microsoft through its latest quarter, with revenues expected to top $75.3 billion. Key Background Apple shares have rallied more than 15% since the company launched its iPhone 17 and new versions of the iPad Pro, Vision Pro and MacBook Pro on Sept. 9. The latest iPhone model outsold the iPhone 16 by 14% over the first 10 days on the market in the U.S. and China, according to Bloomberg. Apple joins Nvidia and Microsoft as the latest company…