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Apple becomes first company to reach $5tn market value

Published July 28, 2026 at 4:03 PM UTC

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Apple has reached a $5tn market valuation for the first time, a milestone that underscores the tech giant's dominance in the global economy. The company's share price rose on Monday, pushing its market capitalisation past the historic mark. Analysts attribute the surge to strong sales of the iPhone 15, growth in Apple's services division, and optimism around its push into artificial intelligence. The achievement makes Apple the most valuable publicly traded company in the world, ahead of Microsoft and Saudi Aramco. For investors, the rally has been a windfall, but it also raises questions about whether future growth can justify such a high price tag. Apple's valuation is now more than six times its annual revenue, a figure that some economists view as a sign of market confidence and others as a potential bubble. The company's success reflects its ability to build a loyal customer base and expand into new areas such as streaming and finance. However, concerns linger over regulatory pressures, particularly in Europe and the United States, where authorities are scrutinising its app store practices and market power.