Stocks
Apple Stock Rises as iPhone 18 Demand Remains Strong
Apple's stock price rose by 1.5% during trading on Friday, reaching as high as $341.67 and closing at $341.07.
The company traded 29,418,486 shares, a decline of 40% from the average daily volume of 49,404,344 shares.
Apple's recent performance has been boosted by strong iPhone 18 demand, particularly in India where lines have been long and interest in the premium iPhone 18 Pro and Pro Max remains high.
Analysts remain optimistic about Apple's future growth prospects, with Evercore ISI raising its price target to $380 from $365 and maintaining an outperform rating.