Apple's market value is back above $5 trillion, and its stock gained more than 2,600% during Tim Cook's tenure as CEO. New CEO John Ternus has launched several products, including HomeView. As of Oct. 16, Apple stock was up 27% year to date, versus 13% for the S&P 500. The iPhone accounts for about half of quarterly sales; in fiscal third quarter 2026, total revenue rose 16% and iPhone sales rose 22%, the third straight quarter above 21%. The stock trades at a price-to-earnings ratio of 39, and the author argues it is not an ideal time to buy, although Apple can provide long-term value for investors who hold for years.
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Related tickers and likely impact
AAPL
• NeutralApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.0T |
| Close on 10/16/2026 | 343.47 |
| Change that session | +0.43% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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