Apple is very close to doing the unthinkable

In July 2023, Apple crossed the symbolic mark of $3,000 billion in market capitalization. This was a first on Wall Street. Since then, other companies have exceeded $3,000 billion in valuation (Microsoft and Nvidia). As for the Cupertino company, it is on the verge of exceeding $4,000 billion in capitalization.

Since the start of the year, Apple’s stock value has increased by more than 37%. This enthusiasm is boosted by the firm’s expansion into new product categories, but also by its entry into the AI ​​race, with the launch of Apple Intelligence. Currently, Apple’s capitalization is $3.8 trillion. And this is expected to continue to increase in 2025.

As reported by Fortune magazine, analyst Dan Ive of Wedbush and his team recently published a research note in which they revised their outlook upwards for Apple stock. “We believe Apple is on track to reach the $4 trillion market cap threshold and be the first member of this exclusive club”we read in the note, according to Fortune.

AI, Apple’s new growth engine

Wedbush analysts are confident that Apple is heading toward a multi-year iPhone refresh cycle that would be driven by artificial intelligence. However, this potential would still be underestimated by Wall Street. “Rome wasn’t built in a day and neither was Apple’s AI strategy, but the seeds of that strategy, with Apple Intelligence, are forming and will transform the growth story of Apple consumers over the coming years”we would read in the research note.

As a reminder, Apple Intelligence was presented in June during the WWDC conference. Then, the first wave of AI features arrived in October on compatible iPhones, iPads and Macs. Other features, like the ability to access ChatGPT via Siri, have arrived recently. And other new AI features will be deployed via updates in 2025. Otherwise, we also note that, for the moment, Apple Intelligence is not available on iPhones in the European Union and China. However, Apple should deploy this new feature in the EU later, when it complies with the Digital Markets Act. And according to rumors, Apple could also collaborate with ByteDance, the company that owns TikTok, to deploy Apple Intelligence in China.