The race to $4 trillion continues as Apple (AAPL), Nvidia (NVDA) and Microsoft (MSFT) move further away from the $3 trillion market cap milestone, says Wedbush Securities Managing Director said Dan Ives, Senior Equity Analyst. Ives joins Market Domination hosts Julie Hyman and Josh Lipton to discuss his belief that Apple will become the first U.S. stock to reach the $4 trillion mark, followed by Nvidia and Microsoft. said.
Apple’s “AI-driven supercycle starting with iPhone 16 is expected to begin in the December quarter with further Apple Intelligence deployments.” I think I will access it. And we believe this will continue for the next three to six months, making this a historic year for over 240 million iPhones. ”
“What we are seeing at the moment is that this is actually going to be a 2025 event. Now, as everything goes on, you could also argue that this is a multi-year supercycle But there are 300 million iPhones that haven’t been upgraded in over four years. You have an unprecedented upgrade opportunity. That’s why Cook and Cupertino are the first to reach $4 trillion. I think Mr. Jensen will be the godfather of AI.[‘s] Nvidia, and by mid-2025, Microsoft. ”
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This post was written by Naomi Buchanan.
