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Apple topped $4 trillion in market value for the first time on Tuesday, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race.
I strongly believe the October 27 launch of AI200/AI250 rack-scale inference systems is the inflection point, putting an AI stamp on Qualcomm and helping offset potential Apple modem revenue erosion. Targeting inference (not training) mirrors Broadcom's custom-chip playbook. From a timeline perspective, the AI200 will ship in 2026, AI250 in 2027, well placed for rising inference demand. Key risk remains Apple's modem in-sourcing. The CFO flagged lower Apple contribution, with FQ4 guide $10.3B–$11.1B (QCT $9.0B–$9.6B). I'd watch QCT closely.
Since President Trump entered office, tariffs have become among the most discussed topics in financial markets. April 2, which became known as “Liberation Day.
Skyworks Solutions , which supplies radio frequency chips to Apple and other smartphone makers, held talks in recent months to buy rival Qorvo , The Information reported on Tuesday, citing people familiar with the matter.
A federal judge on Monday decertified a class action by tens of millions of Apple customers who accused the company of monopolizing the market for iPhone apps by banning purchases outside its App Store, leading to higher prices.
Stephanie Walter and Mark Gibbens join The Watch List panel to help preview this week's slate of Mag 7 earnings names. Stephanie points to the A.I.
Nvidia became a $4 trillion company in July. Now Apple and Microsoft are within a hair of the milestone.
Apple Inc (NASDAQ:AAPL, ETR:APC) is showing signs of cooling demand for its latest iPhone 17 models, though growth in China continues to outpace other markets, according to Jefferies analysts. Jefferies highlighted that delivery lead times for iPhone 17 models are generally declining.
CNBC's Steve Kovach reports on Apple as the iPhone maker is en route to hit a $4 trillion market cap.
A Federal Reserve interest rate decision and a string of Magnificent Seven earnings are among the coming week's top events for investors, who will also continue to monitor the effects of the government shutdown.
If Warren Buffett's Berkshire Hathaway (NYSE: BRK.B) had held onto its entire Apple (NASDAQ: AAPL) position, it would be worth around $241 billion today.