Apple Approaches $4 Trillion Market Cap Amid Strong iPhone 17 Sales

Reported about 12 hours ago

Apple's stock is nearing a $4 trillion market capitalization following an all-time high driven by strong initial sales of the iPhone 17, which have surpassed those of the iPhone 16 in the US and China. A report from Counterpoint Research highlighted a 14% year-over-year increase in iPhone sales during the first ten days of availability, emphasizing the appealing features and value for money of the iPhone 17. The company’s shares have risen 4.8% this year and 11.7% over the past year.

Source: YAHOO

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