The Business Times
business-time-50

Apple is second company to hit US$5 trillion in market value

Summarise
google-preferred-sourceAdd BT as a preferred source
Published Tue, Jul 28, 2026 · 10:19 PM
    • The iPhone maker’s shares rose as much as 1.8 per cent to US$342.89 on Tuesday (Jul 28), pushing the company’s market capitalisation to above US$5 trillion for the first time.
    • The iPhone maker’s shares rose as much as 1.8 per cent to US$342.89 on Tuesday (Jul 28), pushing the company’s market capitalisation to above US$5 trillion for the first time. PHOTO: NYTIMES

    [NEW YORK] Apple became just the second company ever to achieve a US$5 trillion market valuation.

    The iPhone maker’s shares rose as much as 1.8 per cent to US$342.89 on Tuesday (Jul 28), pushing the company’s market capitalisation to above US$5 trillion for the first time. It has since dipped back below. If the stock closes above US$340.43 it will cross the threshold.

    Nvidia closed at a record US$5.7 trillion on May 14, but it has since lost roughly US$1 trillion in valuation. Apple is now the biggest company in the S&P 500 Index. BLOOMBERG

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Apple

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    SIA said macroeconomic and geopolitical developments, including the Middle East conflict, continue to add uncertainty to the airline industry’s operating environment.

    SIA sinks into the red with S$76 million Q1 loss as fuel costs jump

    National Development Minister Chee Hong Tat noted that the public housing market has seen a moderation in resale flat prices over the past few quarters, following multiple rounds of cooling measures as resale prices surged.

    15-month wait-out curb lifted for private property owners buying HDB resale flats

    Yeoh Pei Xien is the youngest grandchild of Yeoh Tiong Lay, who founded Malaysian multinational conglomerate YTL Corporation.

    Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart

    In the first six months of 2026, DBS’ corporate virtual assistant, DBS Joy, handled 22% more chats. The number of active users rose by 61%.

    DBS rolls out agentic AI to 350,000 corporate clients

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More