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Bearish

$4.75 trillion → $5 trillion, just 5% away! Can Apple’s launch event pull it off?



Apple’s current total market capitalization is approximately $4.75 trillion, and it only needs to rise about 5% to reach the $5 trillion milestone.
The number may not seem far away, but the real challenge is that Apple is already one of the world’s largest technology giants by market capitalization. For it to continue rising, the market needs to keep finding new reasons.
This product launch event happens to provide an important catalyst.
In particular, the highly anticipated foldable-screen iPhone could become an important signal that Apple is opening up a new growth curve if it is officially unveiled and its product capabilities exceed expectations.
But investors must note that stock prices never trade on whether a “new product is good,” but on whether the “new product is better than the market expected.”
If everyone has already priced the foldable phone into the valuation, the event will merely fulfill expectations; only if the actual product significantly exceeds expectations could it drive funds to continue chasing the price.
That is also what makes Ternus’s debut so interesting.
The CEO has just taken over, while the product is arriving amid exceptionally high market expectations, putting both the positive catalysts and the pressure at full strength.
Therefore, I believe Apple reaching $5 trillion is not impossible, but in the short term it looks more like a “battle of expectation management.”
The new product is responsible for creating surprises, while performance is responsible for delivering on the story.
As for $5 trillion, let’s first see whether the market gives it a break tonight.#苹果发布会
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