Apple hits $5 trillion valuation on strong iPhone 18 Pro demand

Apple has crossed the $5 trillion market valuation again, closing at $342.96 per share. The rise is tied to strong iPhone 18 Pro demand, with iPhone 18 Pro Max shipping times around three weeks despite reports of production cuts.

• Apple's valuation passed $5 trillion at a share price of $342.96
• iPhone 18 Pro Max shipping times run about three weeks
• Tim Cook blamed shortages on record demand, not suppliers
• iPhone 18 and iPhone 18e launches pushed to spring 2027