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Apple Reclaims Top Spot in Company Valuations

Technology · First reported 30 Oct, 20:04 · Updated 20:37

Image: Wikimedia Commons · NASA Johnson Space Center · Public domain

Apple moved ahead of Nvidia to become the world’s most valuable company again. The coverage links Apple’s rise to investor demand for the iPhone maker and reports closing valuations of $5.03 trillion for Apple and $4.93 trillion for Nvidia.

  • Apple reclaimed the title from Nvidia on Friday, as investors sought what Bloomberg described as the perceived safety of the iPhone maker amid concerns about AI spending.
  • AppleInsider reported Apple closed October 30 at $344.63 per share, with a $5.03 trillion valuation; Nvidia closed at $204.64 per share and a $4.93 trillion valuation.
  • AppleInsider also cited an analyst’s claim that moving the base iPhone launch to early 2027 may have confused buyers and hurt sales.
Summary written by Lux AI from 2 articles

Key facts

Apple valuation
$5.03 trillion at the October 30 close, according to AppleInsider.
Nvidia valuation
$4.93 trillion at the October 30 close, according to AppleInsider.
Apple share price
$344.63 at the October 30 close.
Nvidia share price
$204.64 at the October 30 close.

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Left 0 · Centre 2 · Right 0 of 2 rated sources

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Ownership

  • Unknown 50% (1)
  • Corporation 50% (1)

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