According to the Financial APP, well-known analyst Dan Ives from Wedbush Securities mentioned that Apple (AAPL.US), Nvidia (NVDA.US), and Microsoft (MSFT.US) are gradually surpassing the $3 trillion market cap milestone and heading towards $4 trillion. He pointed out that Apple would be the first U.S. company to reach a $4 trillion market cap, followed by Nvidia and Microsoft.

Ives stated: "Apple's super cycle based on artificial intelligence (AI) will start with iPhone 16 and will kick off in the December quarter, where more Apple Intelligence will be introduced. We believe that 20% of the global population will use AI through Apple devices. In the next 3 to 6 months, Apple will have a historic year, with iPhone sales exceeding 0.24 billion units."

Earlier, Ives pointed out that Apple may collaborate with China's Baidu (BIDU.US) in the field of artificial intelligence, similar to its partnership with OpenAI in the U.S. This may further boost iPhone upgrades in the Asian market.

He added, "What we are actually seeing is that this major event will happen in 2025. It could be said that this will be a multi-year super cycle. Globally, there are over 0.3 billion iPhones overdue for an upgrade of more than four years, presenting an unprecedented opportunity for upgrades. Therefore, I believe the first company to reach a $4 trillion market cap will be Apple led by Cook, followed by Nvidia under the guidance of AI pioneer Huang Renxun, and then Microsoft, with the timing expected in mid-2025."

As of Friday's closing, Apple rose by 1.23%, closing at $235, approaching a historical high of $236.18 at one point.