Apple (AAPL) Continued to Rebound in Q4

Core Insights - The Mar Vista U.S. Quality Premier Strategy reported a return of +1.80% net-of-fees in Q4 2025, underperforming the Russell 1000® Index (+2.41%) and the S&P 500® Index (+2.65%) [1] - US equities showed strong momentum in 2025, marking the third consecutive year of double-digit gains, with a rapid recovery from a bear market dip in April [1] - Market leadership has narrowed, with mega-cap stocks and AI-driven companies dominating, but signs of broader market participation began to emerge in Q4 2025 [1] Company Insights - Apple Inc. (NASDAQ:AAPL) had a one-month return of -5.70% but gained 11.11% over the last 52 weeks, closing at $255.52 per share on January 16, 2026, with a market capitalization of $3.76 trillion [2] - Investor concerns regarding tariffs and the performance of Apple Intelligence have diminished, leading to a rebound in Apple shares in Q4 2025 [3] - Strong demand for the iPhone 17 series and services offerings is expected to drive low double-digit top-line growth, with Q3 results exceeding expectations and Q4 guidance indicating resilient margins [3]