Apple shares closed at $338.40 on September 28, 2026, near the upper end of the 52-week range after touching $345.34 earlier in the month. Recent momentum stems from the September launch of the iPhone 18 Pro series and foldable models, alongside positive analyst commentary on iPhone demand, following John Ternus’s transition to CEO on September 1. The stock trades at a forward P/E near 36–38 amid $4.9 trillion market capitalization, supported by services growth and AI initiatives, though offset by a $5.7 billion legal judgment and broader tech volatility. With fiscal Q4 results due October 29, traders are focused on end-of-quarter positioning and any final-session flows that could influence the September 30 settlement price.