Apple Inc.Apple's market value surged $1.5 trillion in a year, with strong earnings growth and buybacks driving shareholder returns.

Apple's market value increased by more than $1.5 trillion over the past year, reaching about $4.54 trillion. A $10,000 investment in Apple in August 2016 would be worth about $126,000 today with dividends reinvested, driven by an 11.5-fold rise in the share price. Earnings per share grew about fourfold over the decade, helped by a buyback that retired about a third of the shares, while the valuation multiple nearly tripled from about 13 times earnings to about 36 times. The company's fiscal third quarter of 2026 was its best June quarter ever, with revenue rising 16% year over year to $109.4 billion and earnings per share climbing 29% to $2.02, including an $0.11 benefit from tariff refunds. CEO Tim Cook is set to hand the role to John Ternus on September 1.
Apple Inc.Apple's market value surged $1.5 trillion in a year, with strong earnings growth and buybacks driving shareholder returns.