The actions of Apple closed this Monday at 264.37 dollars (227.49 euros), an appreciation of almost 4%, reaching a new all-time highwrites the “The Country”.
With this increase, the capitalization of The company’s market reached approximately 3.91 billion dollars (approximately 3.37 billion euros)approaching the 4 billion dollar mark (approximately 3.45 billion euros), value previously reached only by Nvidia and by Microsoft.
The recent boost in Apple shares was largely due to the company’s updated recommendation. Loop Capitalwhich went from “hold” to “buy”, highlighting the positive trend in iPhone sales after the launch of new models in September.
iPhone 17
Apple’s year in the capital markets has been marked by strong fluctuations. Until April, in the first half of the year, shares fell 31%standing at 169 dollars (around 145 euros), penalized by uncertainties regarding the potential impact of tariffs on financial results. In the previous quarter, the company recorded an impact of 900 million dollars (around 776 million euros) due to tariffs imposed by the United States Government.
The company’s recent strengthening in the market coincides with signs of stronger than expected demand for new iPhone modelsfueling expectations of a faster update cycle. An analysis of the Counterpoint Research revealed that the series iPhone 17 surpassed iPhone 16 sales by 14% in the first ten days USA by ChinaApple’s two biggest markets.
Apple Watch
Apple will present the results of the last fiscal quarter, which ended in September, on October 30th. The company will provide data on the performance of the iPhone 17 and new models of the Apple Watch.
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