Apple nears $4 trillion valuation as shares surge on strong iPhone 17 demand

Apple accused by DR Congo of using conflict minerals17 dec. 2024 — The Democratic Republic of Congo has filed criminal complaints in France and Belgium against subsidiaries of the tech giant Apple, accusing it ...
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By Reuters
October 20, 20256:59 PM GMT+2Updated 1 hour ago

New iPhones 17 smartphones are displayed at the Apple store in Beijing's Sanlitun area as they go on sale in Beijing, China September 19, 2025. REUTERS/Maxim Shemetov Purchase Licensing Rights, opens new tab
Oct 20 (Reuters) - Apple (AAPL.O), opens new tab shares surged to an all-time high on Monday, with the iPhone maker close to becoming the third company to hit a $4 trillion market valuation as data showed strong momentum for the latest iPhone.
Data from research firm Counterpoint showed the iPhone 17 series outperformed its predecessor in early sales in China and the United States, with the newer models out-selling the iPhone 16 series by 14% during their first 10 days of availability in the two countries.