Apple Nears $4 Trillion Valuation as iPhone 17 Series Drives Record Sales Surge

Main Story:
Apple Inc. is riding a wave of investor optimism and consumer demand as its market capitalization approaches $4 trillion, driven by the stellar performance of the iPhone 17 series. According to data from Counterpoint Research, the latest models have outperformed the iPhone 16 series by 14% in early sales across China and the United States.

On October 20, 2025, Apple shares surged 4.2% to $262.90, marking a record high and positioning the tech giant as the second most valuable company globally, just behind Nvidia. The momentum is also supported by strong festive-season traction in India, where the iPhone 17 is gaining popularity under the ‘Make in India’ initiative.

Apple is set to report its quarterly earnings on October 30, with analysts expecting further upside if the iPhone momentum sustains.

Major Takeaways:

Market Cap: Nearing $4 trillion, second only to Nvidia

Stock Surge: Shares up 4.2% to $262.90

Sales Growth: iPhone 17 outperformed iPhone 16 by 14% in first 10 days

Global Demand: Strong traction in China, U.S., and India

Upcoming Catalyst: Q3 earnings report due October 30

Apple’s resurgence underscores its ability to innovate and capture global consumer interest, even amid macroeconomic headwinds.

Sources:Indian Express, Moneycontrol, The Hans India