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Apple Shares Hit New Highs as Company Approaches $5 Trillion Valuation

New foldable iPhone prospects and disciplined AI spending drive Apple's stock to record levels, positioning the tech giant near the exclusive $5 trillion market cap club.

2 publishers · 4 articles · first seen 22 Sept 2026 · updated 1h ago

Markets on this story

How the odds moved · Will Apple be the largest company in the world by market cap on December 31?
0%50%100%15%16 Sept, 17:08 UTCnowMarketWatch: Why Apple could soon join Nvidia in the exclusive $5 trillion club · 22 Sept, 20:54 UTCFortune: From $2 billion to $112 billion in annual profit: How Apple transformed its business · 22 Sept, 13:09 UTCFortune: Apple’s first 50 years: Charts show how the iPhone maker became a $4.85 trillion giant · 22 Sept, 07:00 UTCFortune: Steve Jobs made Apple iconic. Tim Cook made it a $5 trillion behemoth · 22 Sept, 07:00 UTC

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How it unfolded

Every source in the order it published, with the odds on Will Apple be the largest company in the world by market cap on December 31? at that moment. A dash means the source published before we started tracking prices.

  1. FortuneApple’s first 50 years: Charts show how the iPhone maker became a $4.85 trillion giant15%
  2. FortuneSteve Jobs made Apple iconic. Tim Cook made it a $5 trillion behemoth15%
  3. FortuneFrom $2 billion to $112 billion in annual profit: How Apple transformed its business15%
  4. MarketWatchWhy Apple could soon join Nvidia in the exclusive $5 trillion club15%
  5. Current odds15%

Sources

Every article we clustered into this story. Headlines link to the publisher.

  1. Why Apple could soon join Nvidia in the exclusive $5 trillion club MarketWatch
  2. From $2 billion to $112 billion in annual profit: How Apple transformed its business Fortune
  3. Apple’s first 50 years: Charts show how the iPhone maker became a $4.85 trillion giant Fortune
  4. Steve Jobs made Apple iconic. Tim Cook made it a $5 trillion behemoth Fortune

In this story