Apple Shares Hit Record High as iPhone 17 Sales Surge
Apple shares reached a historic milestone this week, briefly pushing the company’s market capitalization above $4 trillion for the first time. The tech giant became only the third company in history to achieve this valuation, joining Microsoft and Nvidia in the exclusive club.
The surge in Apple shares followed exceptional demand for the new iPhone 17 lineup, particularly in key markets like the United States and China. Early sales data from Counterpoint Research revealed that the iPhone 17 series outsold the iPhone 16 by 14% during its first 10 days of availability in these critical markets.
Apple shares touched $269.89 on Tuesday before settling slightly lower, marking a remarkable turnaround for the stock that had struggled earlier in 2025. The company’s shares have rallied more than 56% since April, adding approximately $1.4 trillion in market value. This momentum was driven by strong iPhone sales and easing concerns about tariffs affecting Asian manufacturing hubs.
The iPhone 17 lineup features enhanced displays, improved processors, and increased storage capacity at competitive prices. In China, the base iPhone 17 model nearly doubled sales compared to the iPhone 16 launch, while US consumers gravitated toward the premium Pro Max variant. Strategic shifts in manufacturing to India and Vietnam have also bolstered investor confidence.
Apple shares are now trading at record levels ahead of the company’s fourth-quarter earnings report scheduled for October 30, 2025. Analysts expect strong guidance as the tech giant capitalizes on robust iPhone demand during the crucial holiday shopping season. Despite slower progress in artificial intelligence compared to rivals, Apple shares continue their upward trajectory powered by hardware excellence and ecosystem strength.
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