US EditionApple closes at record after strong iPhone 17 sales report for U.S., China
- 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.
62 Articles
62 Articles
It's been more than a month since Apple introduced its new series of smartphones, and the latest sales results show that the iPhone 17 is a real hit. According to a new report from the analytical company Counterpoint, demand for the new models is significantly higher compared to their predecessors, GSM Arena reports. The data shows that the iPhone 17 series, in the first ten days of its availability in China and the United States, has surpassed …
The iPhone 17 is bringing Apple stock back to life—but Wall Street is worried about a catch
Apple’s stock is giddier than an 11-year-old who just strong-armed their parents into buying them a smartphone. The iPhone maker hit a new all-time high yesterday after news of strong global demand for the iPhone 17 led another investment bank to give Apple’s stock two thumbs up. Shares of Apple climbed nearly 4% to close at ~$262, surpassing the company’s previous all-time high of $259 from last December: Over the weekend, Counterpoint Researc…
Apple’s Market Cap Creeps Toward $4 Trillion as iPhone 17 Flexes (Without Flipping)
It’s Apple season, and not just in upstate New York. Apple shares climbed Monday after Counterpoint data found the iPhone 17 lineup outsold the iPhone 16 by 14% in the US and China in its first 10 days. The new iPhone went on sale last month, and CEO Tim Cook visited China last week to promote its debut (and get a custom Labubu, of course). Apple’s shares closed yesterday at their first record high of the year. The iPhone-maker’s market cap clim…
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