Apple Reaches $5 Trillion Market Cap as Berkshire Hathaway Maintains Significant Stake
Apple (AAPL) has achieved a historic milestone, becoming only the second company to surpass a $5 trillion market capitalization. This growth is driven largely by strong demand for the iPhone 17 and its integrated artificial intelligence capabilities, which have fueled double-digit revenue growth in recent quarters. Berkshire Hathaway (BRK.B), now led by CEO Greg Abel following Warren Buffett's departure, continues to hold Apple as its top equity position, representing approximately 22% of its public stock portfolio. Despite facing previous challenges with tariffs and legal headwinds, Apple's fiscal third quarter for 2026 showed robust performance with revenue increasing 16% year-over-year to $109.4 billion.
Tickers: $AAPL
Topics: AI technology earnings report iPhone sales revenue growth