Apple Stock Soars Past $4 Trillion: Record iPhone Sales and Bullish Forecasts Fuel Rally
Apple closed at $271.40 on Oct. 30, near its 52-week high, after reporting Q4 revenue of $102.5 billion and EPS of $1.85, both slightly above Wall Street estimates. Shares jumped 3.7% post-earnings and rose another 2% pre-market on Oct. 31, boosted by strong holiday-quarter guidance. Year-to-date, the stock is up about 8%, lagging other tech leaders. Market cap stands at roughly $4 trillion.