Apple surpasses $4tn market capitalisation after latest iPhone success

AI Summary
On October 28, 2025, Apple's market capitalization surpassed $4 trillion after its share price rose following strong demand for the iPhone 17 series. This achievement makes Apple the third company to reach this milestone, joining Nvidia and Microsoft. The success is attributed to the new iPhone release rather than significant AI investments, unlike Nvidia which has seen continued growth due to AI-related news. Since January, Apple's stock has increased by over 18%, while Nvidia's rose nearly 40% and Microsoft's close to 30%. Five of the largest tech companies are set to report earnings amid concerns about potential AI market bubbles.
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