AAPL Valuation Surges $164B as Investors Bet Big on New Devices

Apple's stock jumped 3.6% after its event, closing at $326.57 on September 10. This gain lifted Apple's market value to approximately $4.77 trillion, an increase of about $163.9 billion.

The surge came despite some initial hesitation following the product presentation, with shares slipping to $315.34 before rebounding.

Investors added more than one large-cap company to Apple's valuation in a single day, indicating that they expect the new devices to drive revenue growth and boost earnings.