Apple shares closed the week of October 12 at approximately $342 after touching a record intraday high of $348.15 on October 13, supported by strong fiscal Q3 results showing 16% year-over-year revenue growth to $109.4 billion and 29% EPS expansion, driven by iPhone and services momentum. Recent smart-home product launches, including the HomeView display and expanded Apple Intelligence features, have bolstered trader sentiment amid broader tech sector rotation. With the next earnings release set for November 2 and the stock trading near the upper end of its 52-week range of $243–$348, market-implied odds for weekly closes will hinge on sustained hardware demand and any shifts in macroeconomic rate expectations.
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