$AAPL just crossed $5 trillion market cap again with a fresh all-time high.
That's roughly the GDP of Japan. One company.
Apple's been grinding higher while most of the market's been sideways or down. Services revenue, buybacks, and the AI narrative around future iPhones are doing the heavy lifting.
Worth watching if it can hold above this level or if profit-taking kicks in. At this valuation, any stumble in iPhone sales or margin pressure gets amplified fast.
That's roughly the GDP of Japan. One company.
Apple's been grinding higher while most of the market's been sideways or down. Services revenue, buybacks, and the AI narrative around future iPhones are doing the heavy lifting.
Worth watching if it can hold above this level or if profit-taking kicks in. At this valuation, any stumble in iPhone sales or margin pressure gets amplified fast.
