Apple shares reached an all-time high on Monday, closing at $262.24 and rising nearly 4%, which pushed the company past Microsoft to become the world's second-most-valuable company with a market capitalization of approximately $3.9 trillion.</span

The Chosun Daily

TradingView

Apple shares reached an all-time high on Monday, closing at $262.24 and rising nearly 4%, which pushed the company past Microsoft to become the world's second-most-valuable company with a market capitalization of approximately $3.9 trillion.

Research firm Counterpoint reported that iPhone 17 sales exceeded iPhone 16 sales by 14% during the first 10 days of availability in the United States and China, with the base model showing particularly strong performance in both markets.</span

Yahoo Finance

Reuters

Research firm Counterpoint reported that iPhone 17 sales exceeded iPhone 16 sales by 14% during the first 10 days of availability in the United States and China, with the base model showing particularly strong performance in both markets.

Loop Capital upgraded Apple's stock rating from Hold to Buy and raised its price target to $315 from $226, while Evercore ISI added Apple to its Tactical Outperform list with expectations of beating market forecasts for the current quarter.</span

Bloomberg.com

Loop Capital upgraded Apple's stock rating from Hold to Buy and raised its price target to $315 from $226, while Evercore ISI added Apple to its Tactical Outperform list with expectations of beating market forecasts for the current quarter.

Apple's stock had struggled earlier in the year due to concerns over competition in China and uncertainties around high U.S. tariffs, but recovered after the company pledged $100 billion in additional U.S. investment to help sidestep tariffs.</span

Forbes

Apple's stock had struggled earlier in the year due to concerns over competition in China and uncertainties around high U.S. tariffs, but recovered after the company pledged $100 billion in additional U.S. investment to help sidestep tariffs.

The broader stock market rally was supported by expectations that the federal government shutdown, which had lasted 20 days, could end soon, with White House National Economic Council chairman Kevin Hassett predicting resolution within the week.</span

The Telegraph

The broader stock market rally was supported by expectations that the federal government shutdown, which had lasted 20 days, could end soon, with White House National Economic Council chairman Kevin Hassett predicting resolution within the week.

Apple is scheduled to report quarterly earnings on October 30, with analysts expecting $1.76 earnings per share on $101.7 billion in revenue, as the company approaches the $4 trillion market valuation milestone for the first time.</span

CNBC

Apple is scheduled to report quarterly earnings on October 30, with analysts expecting $1.76 earnings per share on $101.7 billion in revenue, as the company approaches the $4 trillion market valuation milestone for the first time.

Apple Hits All-Time High, Becomes World's 2nd Most Valuable

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