AAPL closes higher, but chip squeeze and iPhone timing loom for the week ahead

New York, Feb 1, 2026, 09:32 EST — Market closed

  • Apple shares ended the day up 0.46%, closing at $259.48 following a choppy session.
  • Investors are balancing a brighter sales forecast with ongoing limits in processor and memory supply.
  • Attention shifts to margins, component expenses, and any fresh details on 2026 iPhone strategies.

Apple shares ended Friday 0.46% higher at $259.48, after fluctuating between $252.18 and $261.90 as traders adjusted their positions ahead of the week. Volume surged past 92 million shares, exceeding typical daily figures. (Investing)

U.S. markets were closed Sunday, shifting the focus from demand to whether Apple can deliver enough devices while managing rising component costs….

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