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Apple Hits $4.77T Market Cap on Foldable iPhone Duo Debut and Record Q3

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Apple surged 3.56% to record highs following the debut of its first foldable, the iPhone Duo, alongside robust Q3 revenue of $109 billion.
  • Supported by a 2.5-billion device installed base and a $30 billion Broadcom agreement, Apple targets premium average selling price expansion despite near-term supply constraints.
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332.27 +20.75% over the displayed period

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