Apple broke through the $4 trillion mark during trading but failed to hold it by the close

Apple's market value crossed the $4 trillion mark for the first time in intraday trading, but failed to maintain this level by the close.

On Tuesday, Apple's stock price rose slightly by 0.07%, with the company's market value briefly surpassing $4 trillion. Another tech giant, Microsoft, also saw its stock price increase by about 2% that day, allowing its market value to exceed $4 trillion and successfully close above that threshold.

Analysts believe that investors are closely watching the upcoming earnings season. The performance of both companies will be a key basis for the market to assess their growth prospects. Microsoft is set to announce its earnings on Wednesday, while Apple will do so on Thursday.

iPhone Sales and Analyst Confidence Boost Apple

Behind Apple's market value breakthrough is the strong momentum in its recent iPhone sales.

In the past three months, benefiting from market indications that the iPhone 17 series models released in September are selling better than their predecessors, Apple's stock price has risen by 25%, showing impressive performance.

The optimistic sentiment in the market is also reflected in analysts' ratings. JP Morgan analyst Samik Chatterjee raised Apple's target price to $290 per share in a report released on Monday, stating:

Apple's stock price is entering the upcoming earnings season with a more positive aura than at any time in the past year.

In addition to favorable product sales expectations, Apple's strategy in dealing with geopolitical risks has also gained market recognition.

The company seems to have successfully avoided the worst-case scenario that could arise from the Trump administration's tariff policies. By shifting a significant portion of its supply chain aimed at the U.S. market to India and Vietnam, Apple has effectively diversified its geopolitical risks.

At the same time, Apple has maintained a friendly relationship with the U.S. government regarding domestic manufacturing issues. This series of initiatives has improved the company's position in a complex international trade environment. Chatterjee noted in his report:

Announcing an acceleration of domestic investment while rapidly shifting product manufacturing aimed at the U.S. market to India and Vietnam has improved Apple's position in the tariff landscape