Apple's market capitalization is $3.5 trillion: innovation, loyalty or just buybacks?
Source: CoinWorld
Time: 2025-09-11 01:45:16
Apple has repurchased $704 billion worth of stock over the past decade, exceeding the market value of 488 S&P 500 companies. Although the stock price fell 4.6% weekly after the release of the iPhone 17, Apple's price-to-earnings ratio remained at 35.02, more than twice that of Samsung, thanks to strong brand loyalty, pricing power and ecosystem lockdown. While its device's built-in AI strategy may improve user experience, Apple's valuation still relies heavily on financial engineering rather than fundamental innovation.