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2025-10-28 21:34:03
[Apple Breaks Through $4 Trillion Market Cap; iPhone Strikes Back Amid AI Concerns] ⑴ Apple's market capitalization surpassed $4 trillion for the first time on Tuesday, becoming the third tech giant to reach this milestone. The global popularity of the latest iPhone models offset market concerns about slow AI progress. ⑵ Since the September 9th launch of its new products, Apple's stock price has risen approximately 13%, marking its first positive return this year. Initial sales of the iPhone 17 series increased by 14% compared to its predecessor. ⑶ The current share price represents a 12-month price-to-earnings ratio of 33.2, significantly higher than the Nasdaq 100's 27.42, indicating that the market is pricing in a recovery in hardware sales. ⑷ Concerns have been raised about the company's cautious AI strategy, with slow progress in Apple's smart suite and the postponement of voice assistant upgrades until next year. Several AI executives have defected to Meta. ⑸ Despite facing cost pressures from Trump's tariff rhetoric, the iPhone Air's slim design has successfully resisted competitors like Samsung, driving user growth within the ecosystem. ⑹ Investment institutions expect strong demand to drive Apple to exceed market expectations in the third quarter and provide optimistic guidance for the fourth quarter. The company will release its latest financial report on October 30.
