- Apple has a market cap of approximately $3.1 trillion
- Wedbush analyst expects Apple to hit a $4 trillion market cap by the end of 2024
- Apple’s stock has jumped 52% this year
- Concerns for iPhone demand and competition with Chinese smartphones have impacted Apple’s market cap
- Analysts believe that iPhone bans in China are containable and have not dented demand for Apple
- Apple’s stock would need to close at $257.19 or higher to reach a $4 trillion market cap.