New iPhone lineup revives Apple’s growth story across key markets - Apple Hits $4 Trillion Milestone
Core Viewpoint - Apple's shares are currently trading at a higher valuation compared to the Nasdaq 100 average, indicating a premium pricing in the market [1] Valuation Comparison - Apple's shares trade at 33 times projected earnings for the next 12 months, exceeding the Nasdaq 100's average of 27 times [1] Stock Performance - The stock has gained 7% this year, which is significantly lower than the Nasdaq's overall advance of 23% [1] Upcoming Events - Investors are anticipating the company's fourth-quarter results scheduled for 30 October, which may provide further direction for the stock [1]