Well-known analyst: Apple's market value will reach 4 trillion US dollars

On October 19th, Wade Bush Securities' well-known analyst Dan Ives stated that Apple, Nvidia, and Microsoft are gradually breaking through the $3 trillion market value threshold and moving towards $4 trillion. He pointed out that Apple will be the first US company to reach a market value of $4 trillion, with Nvidia and Microsoft following closely behind. Ives said, "Apple's super cycle based on artificial intelligence will start with the iPhone 16 and will launch in the December quarter, when more Apple Intelligence will be released. We believe that 20% of the world's population will use AI through Apple devices. In the next 3 to 6 months, Apple will have a historic year, with iPhone sales exceeding 240 million units."