Apple stock (NASDAQ: AAPL) has remained largely flat over the past month, underperforming the Nasdaq-100, which gained about 4% in the same period.

Apple Inc.’s stock surged Monday after J.P. Morgan made an upbeat call on iPhone availability, with improvement led by the iPhone 16 base models.

Shares of Apple, currently the most valuable company in the world, closed just shy of their all-time high on Monday.Apple’s stock price rose 2.3% to $233 on the last day of the quarter. That is less than 1% below its record close on July 16 of $234.

Apple's budget-friendly iPhone SE is set for a major overhaul with a fourth generation model expected to launch in spring 2025. The

Apple's next budget iPhone could debut early next year. Here's what we know based on rumors, reports and leaks.

Apple had been counting on new artificial intelligence features to make the iPhone 16 a major hit. But pre–sale estimates point to a more muted early response than Apple had hoped.