# Apple Market Cap Hits Historic $5.03 Trillion

October 31, 2026 at 01:09 PM

> Apple reaches a record valuation despite market declines, outperforming Nvidia and other tech giants during a volatile October 2026.

**Apple** reached a historic $5.03 trillion market capitalization this Friday in October 2026, despite its shares falling 1.2%. During the same period, **Nvidia**'s valuation hit $4.93 trillion after its stock price dropped 4.2% amid a broader market contraction.

The tech sector faced significant pressure as the **Nasdaq 100** fell 6.7% in October. While Apple shares have gained 27% in 2026, other firms struggled; **Intel** shares plummeted over 45%, while CoreWeave and Nebius both saw losses exceeding 30% during the month.

Apple's fiscal 2026 performance remains strong with a projected 38% increase in free cash flow to $142 billion. This financial stability contrasts with competitors like **Alphabet** and Amazon, whose free cash flow turned negative during the same fiscal year.


[#Apple](<https://hardwarebrief.com/hashtag/apple>) #MarketCap #TechStocks [#Nvidia](<https://hardwarebrief.com/hashtag/nvidia>) #Nasdaq

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