Apple (AAPL) Soared on Better Than Expected Results

Core Insights - RiverPark Advisors reported strong performance in U.S. equity markets during Q3 2025, with the S&P 500 Total Return Index increasing by 8.12% and the Russell 1000 Growth Index rising by 10.51% [1] - The RiverPark Large Growth Fund achieved a return of 4.73% in the same quarter, with market leadership concentrated among a few mega-cap tech and consumer companies driven by AI innovation [1] - The sectors of Information Technology, Consumer Discretionary, and Communication Services outperformed, while Energy and Utilities lagged behind [1] Company Focus: Apple Inc. (NASDAQ:AAPL) - Apple Inc. reported a one-month return of 3.48% and a 52-week gain of 16.79%, closing at $267.44 per share with a market capitalization of $3.969 trillion on November 18, 2025 [2] - The company experienced a strong quarter, with total revenue of approximately $94 billion, reflecting a 10% year-over-year growth, driven by a 15% increase in iPhone sales and record Services revenue of $27 billion [3] - Apple Inc. ranked 8th among the 30 Most Popular Stocks Among Hedge Funds, with 156 hedge fund portfolios holding its shares at the end of Q2 2025, down from 159 in the previous quarter [4] - The September quarter revenue for Apple Inc. was reported at $102.5 billion, marking an 8% year-over-year increase [4]