Apple Stock Soars as iPhone 17 Sales Propel Market Value Near $4 Trillion

Apple Inc. has achieved a remarkable milestone as its stock price surged to an all-time high, driven by strong sales of the newly launched iPhone 17. As of October 20, 2025, Apple’s market capitalization approached $4 trillion, surpassing Microsoft, which now stands at approximately $3.8 trillion.

The increase in Apple shares is attributed to the iPhone 17 outselling its predecessor, the iPhone 16, by 14% in both China and the United States during the first ten days of its release. On Monday, Apple shares closed at $262.24, marking a 3.9% increase for the day and the highest closing price in the company’s history.

According to a report from Counterpoint Research, sales of the base iPhone 17 model accounted for 22% of Apple’s new offerings, reflecting a 31% increase compared to the initial sales figures of the iPhone 16. The positive reception among consumers is largely attributed to the device’s value proposition, which remains competitive despite various enhancements.

“Buying this device is a no-brainer, especially when you throw channel discounts and coupons into the mix,” stated Mengmeng Zhang, a senior analyst at Counterpoint. She noted that the iPhone 17 offers significant improvements while maintaining the same price point as the previous model, making it particularly appealing to consumers in China.

Despite this recent surge, Apple’s stock has only risen 5% since the beginning of the year, lagging behind broader market gains. Earlier this year, Apple’s shares fell to $172.42 in April following the announcement of sweeping tariffs by former President Donald Trump. The company, which relies heavily on Chinese manufacturing, experienced a loss of nearly $640 billion in market value at that time.

Apple has since secured conditional tariff exemptions on iPhones and semiconductors from the Trump administration, allowing the company to stabilize its operations and financial standing. The current momentum from the iPhone 17’s performance seems to signal a positive outlook for Apple in the competitive tech landscape.

As the tech giant continues to innovate and respond to consumer demands, its market value is likely to remain a focal point for investors and analysts alike. With the iPhone 17’s success, Apple sets a new benchmark in the smartphone market, reinforcing its position as a leader in technology innovation.