Apple briefly topped Nvidia at $5.1T on iPhone Duo launch day, but $NVDA closed about $20B ahead at $5.094T. Apple trades at 45x earnings on 16.4% revenue growth vs Nvidia at 42x on 105.8% growth, and

What happened: Apple briefly passed Nvidia in market value on the day its foldable iPhone Duo reached stores, then Nvidia regained the lead by the close. Key numbers: Apple touched a record intraday high of $351.73, about $5.1 trillion, then closed down 0.14% at $347.73 ($5.074 trillion). Nvidia fell 0.59% to $210.96 ($5.094 trillion), about $20 billion ahead. Why it matters: The content notes Nvidia grows far faster at a lower multiple, and asks whether a foldable cycle limited by supply justifies Apple's valuation ahead of its November 2 report. Coverage: 3 outlets in 24h

Apple briefly passed Nvidia in market value on the day its foldable iPhone Duo reached stores, then Nvidia regained the lead by the close.

The content notes Nvidia grows far faster at a lower multiple, and asks whether a foldable cycle limited by supply justifies Apple's valuation ahead of its November 2 report.