Feng Huang Wang·2025-10-20 23:03Core Insights - Apple's stock price surged to an all-time high, positioning the company to potentially become the third entity to reach a market capitalization of $4 trillion, driven by strong sales of the iPhone 17 [2] Group 1: Sales Performance - Counterpoint's research indicates that the iPhone 17 series has outperformed its predecessor in early sales in both China and the U.S., with initial sales in the first 10 days exceeding those of the iPhone 16 series by 14% [2] - The launch of online pre-orders for the iPhone 17 in China is expected to positively impact the company's performance in the December quarter, as initial demand appears stronger than in other regions [2] Group 2: Market Position - Evercore ISI added Apple to its "tactical outperform list," anticipating that the company's quarterly performance will exceed market expectations [2] - As of Monday, Apple's stock rose by 4.2% to $262.9, giving it a market capitalization of approximately $3.9 trillion, making it the second highest valued company globally, following Nvidia [2] - At the close of trading on Monday, Apple's stock had increased by 3.94%, resulting in a market cap of $3.89 trillion, still ahead of Microsoft's $3.84 trillion [2]