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AAPL
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Apple shares have rallied in the two days since the company released new iPhones, and the stock has now erased its losses for 2025.
With Apple's 4% gain on Monday, the stock is up a little over 2% for the year. Apple is the last of the tech megacaps to turn positive.
On Friday, Apple released new iPhone, Apple Watch, and AirPods models on Friday. The new iPhones, especially the midrange $999 iPhone Air, mark the first significant redesign in years, and analysts say early wait times suggest demand is strong.
"Our tracking of iPhone ship dates on Apple's own website, and various carrier websites, indicates that as of Sep 22nd, ship time (in days) for the iPhone 17 (18 days) are more extended vs last year's