Apple is on track to become one of the few companies to reach a $5 trillion market capitalization by the end of 2026, driven by strong iPhone 17 sales and upcoming product launches. In the second quarter of fiscal 2026, revenue rose nearly 17% year over year to $111.2 billion, while earnings per share increased 22% to $2.01. The company projects revenue growth of 14% to 17% for the next quarter. A highly anticipated foldable iPhone and other new devices, including its cheapest laptop ever and Siri AI, are expected to expand its user base and boost high-margin services revenue. However, risks include geopolitical tensions, potential disappointment with new products, and the upcoming CEO transition from Tim Cook to John Ternus on September 1.
Apple Inc.Strong earnings, revenue growth, and positive outlook drive valuation to $5 trillion.
NVIDIA Corporation