Apple (AAPL 1.66%) shares have rallied sharply from lows earlier this year. Shares traded below $180 during the tariff scare in April, and the stock largely stayed below $210 through August. Recently, however, shares pushed to record territory above $260 as investors digested impressive fiscal third-quarter results and the well-received launch of the iPhone 17 line-up.
Ultimately, the Cupertino-based iPhone maker is benefiting from a healthier core business and a product cycle that finally looks like a tailwind again. For investors wondering whether to trim after the run-up, doing so could be a mistake.
iPhone 17 Pro Max. Image…
