Apple

Apple was the first company to cross $1 trillion, $2 trillion and $3 trillion in market value, and has traded around the $3 trillion mark since 2024. The iPhone alone brings in over $200B a year, and Services — App Store, iCloud, subscriptions — now clears $100B annually, which is why Apple's margins look more like a software company's than a hardware maker's. Apple Intelligence, its on-device AI layer, shipped in late 2024 on the iPhone 15 Pro and newer and on M-series Macs.