Apple Stock (AAPL) Hits All-Time High Amid iPhone Sales Recovery
Apple's stock (AAPL) surged to a record split-adjusted high of $280.38 on November 25, marking a 42% gain over six months and pushing its market capitalization to $4.08 trillion. The rally follows robust demand for the iPhone 17, particularly in the U.S. and China, which together account for the majority of Apple's revenue.
CEO Tim Cook highlighted a 'tremendous response' to the latest models, including the ultrathin 'iPhone Air.' With the device contributing roughly half of total sales, strong holiday quarter performance could further buoy the stock—currently trading at 38 times 2026 earnings estimates.