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Apple Inc. logo

Apple Inc.

$324.98-8.76
AAPLRank #2TechnologyConsumer Electronics52w: 201.5-334.99

Market Cap

$4.45T

Global Rank

#2

All-Time High

$4.99T

2026-07-28

Total Growth

+0%

since 2026

Market Cap Context

  • Larger than 99% of the 367 companies we track (globally).
  • Equivalent to 14.5% of United States's GDP (2025 data).
  • Just above: #1 NVIDIA Corporation ($5.27T)
  • Just below: #3 Microsoft Corporation ($3.74T)
  • Best year: 1998 (+212%). Worst year: 2000 (-71%).

Apple Inc. Financial Breakdown (FY 2025)

Source: Apple FY25 Q4 earnings release + 10-K (Oct 2025)

$416B revenue · $133B operating income · $112B net income

  • Services hit $109B annual run rate at ~74% gross margins — Apple's most-profitable line.
  • iPhone is still 50% of Apple's revenue, but Services now generates more gross profit than iPad + Wearables + Mac combined.
  • Operating margin 32.0% — the highest in Apple's history.
  • Free cash flow of $98.8B, roughly 24% of revenue.

Revenue by Segment

Total revenue $416B

Total

$416B

Products· iPhone, Mac, iPad, Wearables — hardware sales$307B73.8%
Services· App Store, iCloud, Apple Music, TV+, AppleCare, ads$109B26.2%

Cost / Operating Expenses

Total operating expenses $283B

Total

$283B

Cost of sales· Components, manufacturing, warranty; ~53% of revenue$221B78.0%
Research & development· Silicon (M-series, A-series), Apple Intelligence, hardware$34.6B12.2%
Selling, general & admin· Retail stores, marketing, corporate$27.6B9.7%

Revenue by Product / Service Line

A finer-grained view of where revenue comes from.

iPhone

50% of total revenue; iPhone 17 supercycle drove growth

$210B50.4%

Services

~74% gross margin, all-time high; 1B+ paid subscriptions

$109B26.2%

Wearables, Home & Accessories

Watch, AirPods, Vision Pro, HomePod, Apple TV

$35.7B8.6%

Mac

M4-generation refresh drove double-digit growth

$33.7B8.1%

iPad

iPad Pro M4 refresh, iPad Air, iPad mini refresh

$28.0B6.7%

% = share of total revenue.

Capital Expenditures

$9.9B

This fiscal year (near-total AI infrastructure buildout)

Free Cash Flow

$98.8B

Trailing twelve months

Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.

Fundamentals (TTM)

Data: Financial Modeling Prep

P/E

39.2

EPS

$8.33

Net margin

27.2%

ROE

146.7%

Dividend yield

0.32%

Debt / Equity

0.80

About Apple Inc.

Apple Inc. is an American multinational technology company headquartered in Cupertino, California, in Silicon Valley, and known for consumer electronics, software and online services. Founded in 1976 as Apple Computer Company by Steve Jobs, Steve Wozniak and Ronald Wayne, the company was incorporated by Jobs and Wozniak as Apple Computer, Inc. the following year. Its current name was adopted in 2007 as the company expanded its focus from computers to consumer electronics. Apple is one of the Big Tech companies.

CEO: Timothy D. CookHQ: Cupertino, USEmployees: 166,000www.apple.comWikipedia →

Apple Inc. Market Cap History (20262026)

Apple Inc. vs Sector Peers by Market Cap

NVIDIA CorporationNVDA
$5.27T
Apple Inc.AAPL
$4.45T
Microsoft CorporationMSFT
$3.74T
Taiwan Semiconductor Manufacturing Company LimitedTSM
$2.19T
Broadcom Inc.AVGO
$1.98T
Samsung Electronics Co., Ltd.005930.KS
$994.0B
Micron Technology, Inc.MU
$980.9B
Advanced Micro Devices, Inc.AMD
$774.3B

Compare Apple Inc.

Ranking History

YearMarket CapRankYoY Change
2026$4.45T#2+11.7%
2025$3.99T#2(1)+9.1%
2024$3.65T#1+30.7%
2023$2.80T#1+49.0%
2022$1.88T#1-26.4%
2021$2.55T#1+34.6%
2020$1.89T#1(2)+82.3%
2019$1.04T#3+89.0%
2018$549.7B#3-5.4%
2017$581.0B#3+48.5%
2016$391.3B#3+12.5%
2015$347.9B#3(2)-3.0%
2014$358.7B#1+40.6%
2013$255.1B#1+8.1%
2012$236.1B#1(1)+32.6%
2011$178.1B#2(1)+25.6%
2010$141.8B#3(2)+53.1%
2009$92.7B#5(26)+146.9%
2008$37.5B#31(15)-56.9%
2007$87.1B#16(32)+133.5%
2006$37.3B#48(2)+18.0%
2005$31.6B#46(41)+123.3%
2004$14.2B#87(91)+201.4%
2003$4.7B#178(2)+49.1%
2002$3.2B#180(19)-34.6%
2001$4.8B#161(15)+47.2%
2000$3.3B#176(105)-71.1%
1999$11.3B#71(35)+151.1%
1998$4.5B#106(41)+211.9%
1997$1.4B#147(35)-37.1%
1996$2.3B#112(36)-34.5%
1995$3.5B#76(30)-17.3%
1994$4.2B#46

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FAQ

What is Apple Inc.'s market cap?

Apple Inc. (AAPL) has a market capitalization of $4.45T, making it the #2 largest company in the world by market cap.

What was Apple Inc.'s highest market cap?

Apple Inc.'s all-time high market cap was $4.99T, reached in 2026-07-28. Its highest rank was #2 in 2026.

What sector is Apple Inc. in?

Apple Inc. is in the Technology sector, specifically the Consumer Electronics industry. It is based in United States.

How has Apple Inc.'s market cap changed over time?

Apple Inc. has been tracked since 2026. Its market cap has grown by 0% from $4.45T in 2026 to $4.45T today.