Apple (AAPL) is up 28% year to date as of Oct. 22, 2026, versus 12% for the S&P 500. Online orders for the $1,999 iPhone Duo, Apple's first folding phone, sold out quickly, pushing some deliveries to January, Reuters reported. Fiscal third-quarter revenue rose 16% to $109 billion. The author says this demand reinforces Apple's brand, which has over 2.5 billion active devices and 1.5 billion paid subscriptions, and that the new Siri AI could further support Duo sales. Still, the stock trades at about 36 times analysts' fiscal 2027 earnings estimates, and the author notes that growth beating the 8% consensus could boost earnings.
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Related tickers and likely impact
AAPL
▲ Likely positiveApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 10/23/2026 | 347.73 |
| Change that session | -0.14% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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