Apple, iPhone 17 is on a record rise!

Apple's Rising Value

Apple (AAPL) shares closed at a historic level on Monday, drawing attention. The company is receiving reports that iPhone 17 sales are strong. Additionally, there is a very positive atmosphere this week with numerous upgrades and price target increases from Wall Street analysts.

Market Value Record On the Agenda

Apple is on track to reach a $4 trillion market value, surpassing Microsoft (MSFT). This would make it the world's second most valuable public company.

Comments Catching Investors' Attention

Experts' comments on Apple's return to the artificial intelligence (AI) race are noteworthy. Improvements in the software field are said to potentially impact the company's future.

Many investors are expressing positive comments regarding the iPhone 17, believing that Apple has gained momentum. So, in this environment, which is the better choice for investors? Apple or the strong story of Nvidia?

Preference Between Apple and Nvidia

Many analysts are evaluating the path Apple will take during this process. Nvidia shares have performed very well, but some argue that Apple's turnaround story presents a more suitable option for stocks.

Experts agree that Apple's core business is still strong and therefore the stock could gain more value soon. The demand for the iPhone 17 is expected to last until 2027, and there is quite an optimistic atmosphere about this in Wall Street.

Additionally, the technology giant's connected home appliances to be produced in Vietnam are believed to strengthen the ecosystem. Wall Street analysts also hold a positive view on this matter.