StocksMedium•16 October 2026•
1 min read

Apple Stock Hits Record High as iPhone Duo Pre-Orders Sell Out

Key Facts

1Apple shares rose over 2% in premarket trading to hit a new record high.
2Pre-orders for the new iPhone Duo sold out within minutes according to media reports.

Apple shares rose over 2% in premarket trading to hit a new record high. Benzinga reported that pre-orders for the new iPhone Duo sold out within minutes of launch, boosting investor confidence in the company's hardware revenue outlook.

AAPL closed at $342 on October 15, 2026, after reaching an intraday high of $347.85. On the same date, MSFT closed at $539.44, while GOOGL stood at $349.22 and META at $736.72.