Apple briefly hits $5 trillion market cap, reclaims world’s top valuation
Apple Inc. became the second publicly listed company to break the $5 trillion market‑capitalization threshold, after Nvidia. During Tuesday’s trading the share price surged to $342.89, valuing the company at about $5.036 trillion, before easing to roughly $4.96‑$4.99 trillion by the close. The rise restored Apple to the position of the most valuable US‑listed firm, overtaking Nvidia which had briefly held the lead.
The market move was attributed to strong demand for Apple’s devices, a comparatively modest capital‑spending approach to artificial‑intelligence projects, and the use of Google’s AI technologies rather than building its own data‑center infrastructure. Apple also unveiled a new device‑leasing program in partnership with fintech firm Klarna, allowing monthly payments for iPhones, iPads, Macs and Apple Watches. Analysts expect third‑quarter revenue to increase by more than 15% year‑over‑year to about $109 billion, with earnings per share projected at $1.88‑$1.89. The upcoming earnings call will be the last under CEO Tim Cook, who will hand over the role to chief operating officer John Ternus later in the year.
Entities: Apple Inc. · Dipanjan Chatterjee · John Ternus · Klarna · Nvidia Corp. · Nvidia Corporation · Tim Cook
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 10 SOURCES] Apple’s market cap fell back to around $4.96‑$4.99 trillion after the intraday peak. (Apple briefly hits $5 trillion market cap, reclaims world’s top valuation)
- [● 10 SOURCES] Apple’s share price rose to $342.89 per share during the session. (Apple briefly hits $5 trillion market cap, reclaims world’s top valuation)
- [● 10 SOURCES] Apple is the second publicly listed company to surpass a $5 trillion market cap, after Nvidia. (Apple briefly hits $5 trillion market cap, reclaims world’s top valuation)
- [● 10 SOURCES] Apple briefly reached a market capitalization of about $5.036 trillion. (Apple briefly reached $5.036 trillion market cap, reclaims world’s top valuation)
- [● 3 SOURCES] Analysts expect Apple’s third‑quarter revenue to grow by more than 15 % year‑over‑year. (Apple briefly hits $5 trillion market cap, reclaims world’s top valuation)
- [● 4 SOURCES] Nvidia previously reached a $5 trillion market cap in October 2025. (All articles)
- [● 4 SOURCES] Apple’s growth is linked to strong product demand, restrained AI spending, and a new device‑leasing program with Klarna. (All articles)
- [○ 1 SOURCE] Apple’s share price has risen roughly 25 % so far in 2026. (Turkish article)
- [● 5 SOURCES] Apple launched a device‑leasing program with fintech firm Klarna, offering monthly payments for iPhones, iPads, Macs and Apple Watches. (Apple briefly hits $5 trillion market cap, reclaims world’s top valuation)
- [○ 1 SOURCE] Tim Cook will step down after the upcoming earnings call, with chief operating officer John Ternus set to become CEO later in 2026. (Apple briefly hits $5 trillion market cap, reclaims world’s top valuation)
- [● 3 SOURCES] Apple’s stock has risen about 25 % year‑to‑date, outperforming other “Magnificent Seven” companies. (Apple briefly hits $5 trillion market cap, reclaims world’s top valuation)