Apple overtook Microsoft as the world’s second most-valuable company Monday after a stock rally fueled by heightened demand for the iPhone 17.
Apple shares closed up 3.9% at $262.24 on Monday, marking the stock’s highest close of all time.This pushed the tech giant’s market cap near the $4 trillion mark for the first time ever, notes Forbes.
U.S. and China sales for the base iPhone 17 model account for 22% of Apple’s newest offerings, up 31% from the iPhone 16’s initial 10-day sales.
I hope you’ll help support Apple World Today by becoming a patron. All our income is from Patreon support and sponsored posts. Patreon pricing ranges from $2 to $10 a month. Thanks in advance for your support.
