Apple Don High, Fit Become 3rd Company We Don Crossover $4 Trillion

Oct 20, Bengaluru, India – Apple no dey slack as dem shares don burst to all-time high level on Monday. Wetin dey happen? E be say iPhone maker dey close to become third company wey go dash am $4 trillion market valuation. Research firm Counterpoint don show say iPhone 17 series dey really flex muscle for early sales inside China and U.S., as dem don out-sell the iPhone 16 series by 14% in di first 10 days.

As e be now, Apple shares jump 4.2% to $262.9, wey bring dem market capitalization close to $3.9 trillion. Na dem second most valuable company for di whole world after Nvidia. Just this weekend, Evercore ISI don add Apple to di Tactical Outperform List, because dem dey expect say di company go beat market expectations for dis quarter wey dey come.

“Di recent launch of online order for China fit help propel dem December quarter, as di early delivery time don show say demand strong pass other regions wey launch,” na wetin Evercore ISI analysts talk for dia report. No wahala, Apple don bring new iPhones come this September, including slimmer iPhone Air, and dem price no change due to U.S. tariff wahala.

Art Hogan, wey be chief market strategist for B Riley Wealth, don talk say, “Dem latest iPhone dey perform better than wetin we expect… di demand trend dey on top gear.” But e no be lie, earlier for dis year, dem shares dey waka slowly due to fierce competition for China, plus di high tariffs from U.S. on China and India, wey dey be dem main production base.

But from August, di stock don start to rise gently after Apple announce $100 billion investment plan for U.S. No be small opportunity! If dis upward trend continue, dem stock fit set record for di highest single-day jump in four weeks.

So, di fans don dey glee, as di news of strong sales for di iPhone 17 series dey boost di stock price and carry hope for dem future performance dis quarter. Di strong sales dey also increase market attention for technology stocks. Everyone dey look up as Apple dey prepare to drop dia quarterly earnings report after di bell on October 30.