Apple back to #1 as only $5T company, agent-driven hardware upgrade cycle seen
mitchdeg · x · 2026-11-05
Apple hit an all-time high at $5.12T market cap, back to #1 and the only $5T company. Gene Munster argues the stock will keep rising as Wall Street prices in a multi-year hardware upgrade cycle for iPhones, Macs and iPads driven by personalized agents. Near-term, slower data center capex easing memory pricing supports margins, plus a December-quarter revenue guide of +7-10% YoY vs +6% Street consensus.
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