AAPL
NASDAQ
Technology
$333.74
USD
+$0.48 (+0.14%)
At close: Jul 17, 2026, 4:00 PM EDT
Market Cap:
$4.86T
Volume:
63.6M
Previous Close
$333.26
Day Range
$329.00 - $334.99
52 Week Range
$201.50 - $334.99
Average Volume (10 Days)
49.8M
P/E Ratio (TTM)
39.65
Dividend Yield
0.32%
Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. It is considered one of the Big Four technology companies, alongside Amazon, Google, and Microsoft. The company's hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, the Apple Watch smartwatch, the Apple TV digital media player, the AirPods wireless earbuds and the HomePod smart speaker. Apple's software includes the macOS, iOS, iPadOS, watchOS, and tvOS operating systems, the iTunes media player, the Safari web browser, the Shazam acoustic fingerprint utility, and the iLife and iWork creativity and productivity suites, as well as professional applications like Final Cut Pro, Logic Pro, and Xcode. Its online services include the iTunes Store, the iOS App Store, Mac App Store, Apple Music, Apple TV+, iMessage, and iCloud. Other services include Apple Store, Genius Bar, AppleCare, Apple Pay, Apple Pay Cash, and Apple Card.
CEO
Mr. Timothy Cook
Headquaters
Cupertino, CALIFORNIA, US
Founded
1980
Employees
166,000
Apple's $4.88T valuation surpassing Nvidia's $4.86T signals investors now favor AI monetization via services and installed base over infrastructure buildout. Nvidia holders face questions on capex cycle sustainability; Apple's ecosystem lock-in model gains credibility as the next phase of AI value capture.
Apple secured regulatory clearance from China's Cyberspace Administration to launch Apple Intelligence in the country, with Alibaba's Qwen model powering the service across all major Apple platforms. The approval addresses a nearly two-year delay and positions Alibaba as a key AI provider in one of Apple's largest markets, where revenue grew 28% year-over-year to $20.5 billion in Apple's recent quarter.
Apple partnership validates Intel's foundry pivot as global chip shortage forces buyers to diversify suppliers. Government's 10% stake now worth over $60B. Near-term production likely starts small with PC chips before advanced process nodes.
General Court rejected all three challenges to Digital Markets Act designation. Apple must continue allowing rival services to interoperate with its five app stores. The ruling strengthens EU enforcement authority and keeps Apple exposed to fines up to 10% of global revenue for non-compliance.
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Court rejection locks Apple into mandatory third-party app store access across iOS, iPadOS, macOS, watchOS, and tvOS. Non-compliance exposes the company to fines up to 10% of global revenue - a $39B exposure at current run rate. Legal path narrows to Supreme Court appeal only.
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