Apple becomes the second company ever to close above a $5 trillion market capitalization level, following NVIDIA’s earlier milestone. Multiple outlets report the move is the first time Apple holds the threshold at the market close, after previous intraday breaches.
The reports say Apple ends trading at $342.96, valuing the company at about $5.005 trillion. AppleInsider also notes recent volatility around the figure, including earlier crossings and declines back below $5 trillion after July’s brief peak, while NVIDIA later regains the top spot by market value. MacRumors adds context that Apple’s valuation level is reached just over a month after John Ternus takes over as CEO following Tim Cook, and shortly before upcoming iPhone-related events, with iPhone Duo pre-orders mentioned. The different outlets emphasize either the “first close” milestone or the apparent driver of demand, but all link the achievement to Apple’s renewed market-value surge.
