Apple shares today were valued at about $3.85 trillion and the giant phone maker successfully surpassed the combined market value of Germany and Switzerland's main stock exchanges, GDAXI and SSMI.
Also, Apple's stock shares have progressed by about 30% this year. Based in Silicon Valley, Apple was also the first U.S. company which reach the previous trillion-dollar achievements.
It’s true that in recent years, the iPhone maker faced a lot of criticism for being late compared with other companies that showed earlier their AI strategies such as Microsoft, Alphabet, Amazon, or Meta. These companies tried to dominate the industry market with their most recent technologies that have integrated AI capabilities.
Since the OpenAI ChatGPT integration into iPhone functionalities earlier in December, Apple expected to have increased revenue for the first quarter of next year, which could reflect the demand for Apple products during the holiday shopping season. But, according to LSEG data, analysts believe that the next Apple revenue will have a recovery in 2025.
"Although near-term iPhone demand is still muted ... it is a function of limited Apple Intelligence features and geographic availability, and as both broaden, it will help to drive an improvement in iPhone demand,", the analyst Erik Woodring stated in a note.
It should be mentioned that Apple company is risking some new tariffs if the recently elected U.S. President keeps its promise to apply an additional 10% tariff for the products that come from China.
"We believe it's likely Apple gets exclusions on products like iPhone, Mac and iPad, similar to the first round of China tariffs in 2018,", Woodring also stated about Apple.
Stay tuned to find out if the giant phone maker will hit a historical Apple valuation!
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