$10k Apple Investment Now Worth Over $11,600 Amid AI Boom
An investor who put $10,000 into Apple stock at the start of 2026 is now sitting on a profit of over $1,603. The $10,000 investment in Apple Inc. (NASDAQ: AAPL) at the beginning of the year has delivered double-digit percentage gains as the company's stock price rallied to its all-time high.
The AI boom played a crucial part in this increase, with Apple reporting revenue of $109.42 billion during its fiscal 2026 Q3 earnings results, up 16.4% year-over-year. To keep up with market trends, Apple recently unveiled several new products including the Mac Studio with M5 Max and M5 Ultra.
Analyst Wamsi Mohan from Bank of America Corp. (NYSE: BAC) has reiterated a 'Buy' rating for AAPL stock, setting a 12-month price target at $380, suggesting a potential 20.58% upside.