Apple briefly becomes second company ever to notch $5 trillion market value

Channel NewsAsia (CNA)State / PublicCenteryesterday

On July 28, Apple's market capitalization briefly exceeded $5 trillion, making it the second company in history to reach this milestone, following Nvidia. Its stock closed at $337.7, giving it a valuation of $4.96 trillion, while reaching a session high of $342.89, valued at $5.036 trillion. This achievement came after Apple overtook Nvidia as the most valuable company in early July. The rise in Apple's stock is attributed to strong product demand and its strategy of avoiding heavy AI investments, unlike competitors. Apple maintained stable iPhone prices while raising prices for other devices, encouraging purchases before anticipated future price increases. Additionally, Apple introduced a leasing program in the U.S., allowing customers to pay for devices via monthly installments. Analysts noted that Apple's approach focuses on enhancing customer experience rather than investing heavily in AI infrastructure.

Bias read (Center): The article presents factual economic developments regarding Apple's financial performance and strategic decisions without overtly favoring any political ideology. It provides balanced information about Apple's market position, business strategies, and analyst opinions without taking a clear stance.

Channel NewsAsia (CNA)State / PublicCenteryesterday

On July 28, Apple's market capitalization briefly exceeded $5 trillion for the first time, becoming only the second company to reach this milestone after Nvidia. Its share price reached a session high of $342.89, temporarily pushing its valuation to $5.036 trillion. This achievement came as Apple overtook Nvidia, which had held the title since June 2025. Nvidia's current valuation stands at $4.78 trillion. Apple's success is attributed to its strategy of avoiding heavy AI spending compared to other tech giants, maintaining stable iPhone pricing while increasing prices for other devices, and introducing a new leasing program to make purchases more accessible. Analysts note that Apple's focus on customer experience rather than large-scale infrastructure investments has contributed to its growth.

Bias read (Center): The article presents factual economic developments and corporate strategies without overt ideological framing. It reports on Apple's financial performance and strategic decisions without taking a clear partisan stance, focusing on market trends and business strategies rather than political or social