Apple reclaims title of world's most valuable company as iPhone Duo launches
Apple's stock hit an intraday record above $351 per share on Friday, pushing its market capitalization to about $5.12 trillion and overtaking Nvidia as the world's most valuable company. The milestone coincided with the launch of the $2,000 foldable iPhone Duo. Nvidia and Google now rank second and third by market cap.
GoKawiil's interpretation of the reporting above, not reported fact.
The stock surge suggests investors are optimistic about demand for Apple's new foldable device, though the article does not confirm sales figures tying the rally directly to the launch. The reshuffling at the top of the market-cap rankings highlights how closely tech giants' valuations are tracked as a proxy for competitive momentum in the industry.
- Apple's market cap reached approximately $5.12 trillion, surpassing Nvidia.
- Apple stock hit a new intraday high above $351 per share.
- The rally coincided with the launch of the $2,000 foldable iPhone Duo.
Apple iPhone Duo Foldable — This is the headline launch driving Apple's renewed market dominance, making it the most talked-about device of the year. If you're curious about Apple's first foldable design, now's the moment to check it out for yourself.
See Apple iPhone Duo Foldable on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: 9to5mac.com — Zac Hall, 2026-10-23
Published there as: “Apple overtakes Nvidia as most valuable company in the world on iPhone Duo launch day”
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