Apple shares closed at $333.69 on October 2, 2026, after a 1% gain amid trading near the $345.34 52-week high. Momentum stems from fiscal Q3 results showing $109.4 billion revenue (up 16% year-over-year) and $2.02 EPS, plus the September transition to CEO John Ternus and anticipation for the iPhone Duo foldable device with preorders beginning October 16. Offsetting factors include rising memory chip and component costs pressuring gross margins, supply constraints noted in recent filings, and analyst price targets clustered around $355 despite a Moderate Buy consensus. The October 29 earnings release and broader tech sector flows represent the next major catalysts likely to influence weekly price action.
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