Apple shares closed at a record $355.63 on Wednesday, 11 November, rising $7.12, or 2.04%, on the Nasdaq to set a new all-time closing high. The stock also touched a new all-time intraday high of $355.90 during the session, giving Apple a market value of about $5.096 trillion and making it the world's most valuable company.

The record caps a strong run for the iPhone maker. Apple had already closed at a record $349.51 on 4 November, then touched $355.38 intraday on 5 November before pulling back. The shares are now up about 31% so far in 2026, with a 52-week low of $243.42 set in January.

Strong quarter behind the rally

The move follows Apple's fiscal fourth-quarter results, reported on 2 November, when revenue reached $114.477 billion, up 12% year on year, and diluted earnings per share rose 14% to $2.10. iPhone revenue of $57.583 billion set a record for the comparable period, while services revenue hit an all-time high of $31.573 billion.

What to watch next

Apple moved ahead of Nvidia in market value as its rival's shares slid in after-hours trading on reports about its chief executive's future. The test for Apple now is the holiday quarter: the company guided December-quarter gross margin to 45% to 46%, below the 47.9% of the September quarter, citing rising memory costs. CoinDesk, reporting the record close, put Apple's market value at $5.17 trillion and noted the stock continued to climb in after-hours trading.