Core Insights - Apple Inc and Microsoft Corp have officially joined the $4 trillion club, marking a significant milestone in the technology sector's valuation race [1] - The surge in valuation is primarily driven by strong sales of the iPhone 17 [1] Company Performance - Apple Inc's valuation has been bolstered by the successful launch and sales of the iPhone 17 [1] - Microsoft Corp's performance also contributes to the overall valuation increase, reflecting strong demand for its products and services [1] Industry Trends - The achievement of the $4 trillion valuation club highlights the competitive landscape within the technology sector [1] - This milestone indicates a growing trend of high valuations among leading tech companies, showcasing their market dominance [1]
Apple vs Microsoft stock as both hit $4.0 trillion market cap