Apple (AAPL, Financial) shares experienced a notable increase, briefly surging over 1.7% to reach $236.18, nearing the intraday all-time high of $237.49 set on October 15. As of the latest, the stock recorded a 1.23% gain, priced at $235.01.
This rise follows strong sales figures for Apple's latest iPhone model in China, with sales up 20% compared to the 2023 model in the first three weeks after launch. This surge in sales is a positive sign for Apple, which has been facing challenges in the world's largest smartphone market.
