Apple is about to touch $4 trillion market valuation as the tech giant's shares soared to lifetime highs on Monday. This lift came on the back of early sales of its new iPhone 17 series, which exceeded expectations in major markets. According to research firm Counterpoint, the latest iPhone 17 outsold the iPhone 16 series by 14% in the first ten days of availability in China and the United States, signalling strong consumer demand. The rally pushed Apple shares up 4.2% to $262.9, lifting its market capitalisation to about $3.9 trillion and making it the world’s second most valuable company after AI-chip leader Nvidia, as per a Reuters report. Evercore ISI, which recently added Apple to its Tactical Outperform List, expects the company to surpass market forecasts for the curre
Apple stock reaches record high! Tech giant nears $4 trillion valuation; iPhone 17 sees high demand

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