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Apple Hits $5 Trillion Valuation, Rolls Out Lease Pricing

7/29/2026

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Story summary
  • Apple Inc. pushed its market cap above $5 trillion on July 28 2026, the second firm ever to do so.
  • The rally stems from strong product demand and Apple’s avoidance of costly AI infrastructure spending.
  • Apple launched a Klarna lease pricing iPhone at $17.99, Watch or iPad at $11.99, and Mac at $24.99.
  • Apple stock is up 24% this year, beating the other six Magnificent Seven tech stocks.