Apple Stock Rebounds Toward Record Highs Amid Folding Phone Hype

Apple's stock is regaining momentum after recovering from an earnings-driven selloff that briefly pushed its shares below $300.

The rebound puts Apple back on an upward trajectory and within reach of its late-July record high above $344, but investors face a more difficult question: can Apple's earnings growth keep pace with a valuation already near the upper end of its historical range?

The newly unveiled foldable iPhone Duo has become a major focus for investors and consumers, with the premium device starting at approximately $1,999 and reaching around $3,000 for higher-storage configurations.