Apple Nears $4 Trillion Valuation Amid Strong iPhone 17 Demand
Apple’s stock surged 4.2% to $262.90, bringing its market capitalization to approximately $3.9 trillion. This positions Apple as the second most valuable company globally, following Nvidia. The uptick is attributed to robust early sales of the iPhone 17 series, which outpaced the iPhone 16 by 14% in both China and the U.S. during the initial…