US EditionApple closes at record after strong iPhone 17 sales report for U.S., China
Apple’s stock nears $4 trillion as iPhone 17 sales surpass prior model by 14%, with analysts forecasting expanded shipments through 2027.
- On Monday, October 20, 2025, Apple Inc.'s stock surged to $264.37, pushing its market cap near $4 trillion and making it the second-most-valuable company behind Nvidia.
- New data from Counterpoint Research shows iPhone 17 models outsold iPhone 16 by 14% in the U.S. and China, while Apple unveiled a slimmer iPhone Air in September.
- Loop Capital upgraded Apple Inc. to Buy and raised its price target to $315 from $226, projecting iPhone shipment expansion through CY2027 with a 32x multiple on 2027 EPS of $9.65.
- Apple Inc. is due to report fourth-quarter earnings after the market close on Oct. 30, with analysts expecting $1.76 per share and $101.67 billion in revenue, while Monday's rally heightens expectations.
- Apple intends to release its first purpose-built `AI Phone` in 2027, Loop Capital projects Wall Street underestimates iPhone prices by more than 5% through at least 2026, and earlier this year Apple pledged a US$100 billion investment to navigate U.S. tariffs.
26 Articles
26 Articles
Apple Shares Jump 4% On Robust IPhone 17 Sales In U.S. And China
(RTTNews) - Apple's (AAPL) stock climbed 4% on Monday after reports indicated that the iPhone 17 series launched in September has outperformed the iPhone 16 series by 14% in first-10-day sales across the U.S. and China, according to Counterpoint Research.
Apple nears $4 trillion valuation as shares surge on strong iPhone 17 demand
Apple shares surged to an all-time high on Monday, with the iPhone maker close to becoming the third company to hit a $4 trillion market valuation as data showed strong momentum for the latest iPhone.
Apple’s shares have skyrocketed more than 4% in the first hours of trading in the Nasdaq, reaching $264.37, a new historic peak. With this rise, its stock market capitalization has reached $3.91 trillion and already flirts with the level of the four billion, a figure reached so far only by Nvidia and Microsoft. That’s right, Apple, which for years was the most capitalized company in the world, has surpassed this Monday in this race to the Window…
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