Despite growing competition emerging throughout 2024, Apple has remained the market cap leader more than two months into the year. Moreover, the company is on its way to completing yet another monumental milestone. Indeed, Apple (AAPL) is nearing the $4 trillion club, as its ongoing AI push may be able to get it there.

The iPhone developer debuted its Apple intelligence features late last year. However, its arrival came to a muted response, with users not flocking to the update as many had hoped. Its development is still ongoing, however, and its continued enhancements could propel the firm to unprecedented heights.

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Source: Apple Inc

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Apple Closing in On $4 Trillion Market Cap: Can It Happen This Year?

Since November of last year, Appel has added a remarkable $500 billion to its market cap. Entering 2025, many expected the company to race Nvidia (NVDA) to become the first to break through the $4 trillion club. However, the AI chipmaker has recently been surpassed by Microsoft (MSFT) in market value, according to CompaniesMarketCap.

Still, the iPhone creator is firmly entrenched in the top spot. Moreover, boasting a $3.46 trillion value, Apple (AAPL) is closing in on membership to the coveted $4 trillion club, with its AI push in focus. Interestingly enough, if Apple succeeds, it would be the only member. Could that happen before 2025 ends?

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Source: Unsplash

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Despite its impressive market value surge over the last four months, Apple’s growth is held back by its stagnate position. In 2025, the company is expecting just 4.6% revenue growth. Moreover, it has stayed in its position for the last three years. In that time, it has only grown around the 4% level in both revenue and earnings.

Artificial intelligence will play an important role. Apple has struggled this year with iPhone sales and a recent ban on the product, but AI is where it is truly lagging. If it can take a step forward, it has a chance to surpass the $4 trillion mark. Apple last set a landmark market cap record when it was shot first to $3 trillion in 2022.

Before that, it was the first to $2 trillion in 2020. That being said, if the stock market gets back to a position of increase amid geopolitical uncertainty, its AI push could have ti setting the record before 2026 arrives.