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Apple Shares Surge on Record Q3 Results and Foldable iPhone Launch

Guavy AI Editorial Team Published September 14, 2026

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AAPL

Apple Inc.'s stock price surged on September 12, 2026, closing at $332.48 on Nasdaq after gaining 1.81 percent on the day.

The rally was triggered by Apple's record fiscal Q3 2026 results and the launch of its first foldable smartphone, the iPhone Duo.

The company reported revenue of $109.4 billion in the quarter, a 16 percent year-over-year increase from $94.0 billion in the same period in 2025.

Earnings per share were also higher than expected at $2.02, exceeding the consensus estimate of $1.89.

The iPhone Duo is set to launch on October 23, 2026, priced at $1,999, and analysts believe it will drive a new hardware upgrade cycle for Apple.

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