Stocks

Apple Stock Soars Ahead of Foldable iPhone Reveal

Guavy AI Editorial Team Published August 28, 2026

Instruments

AAPL

Apple's stock has been rising ahead of its September 9 product event, with shares up 1.5% on Friday and roughly 37% over the past year.

The company is expected to unveil a refreshed iPhone lineup, potentially including an AI-powered Siri built on new architecture, as well as its first foldable device.

Apple's recent sales performance has provided support for the stock, with iPhone sales increasing 21.7% in the latest quarter and exceeding market expectations.

The Wire

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