AAPL is trading at $300.36 (+2.03%) after reports said Apple raised foldable iPhone production plans to about 10 million units. The news also points to Apple securing parts for roughly 80 million smartphones in the second half of 2026, signaling stronger launch expectations.
The move appears company-specific rather than purely market-led, since the catalyst is a major product-cycle update tied to Apple’s 2026 lineup. Broader tech sentiment is also supportive, with major U.S. indexes up modestly.