AAPL Stock Hits Historic 11x Sales Valuation Ahead of Tim Cook's Final Earnings Call as Apple CEO

Apple Inc. (AAPL) has reached an unprecedented valuation of 11 times its sales revenue, hitting an intraday all-time high of $334.99 on July 17, 2026. The surge briefly made Apple the world's most valuable company at $4.88 trillion, surpassing Nvidia. Investor optimism is driven by a revamped Siri and expanding AI features, shifting sentiment from Apple being seen as an AI laggard. The milestone comes as CEO Tim Cook prepares for his final earnings call on July 30, marking the 'end of an era' before hardware veteran John Ternus takes over in September. BofA analyst Wamsi Mohan reiterated a Buy rating and $380 price target but cautioned about short-term hardware cycles.

First published Aug 4, 02:52 PM UTCUpdated Jul 21, 10:26 AM UTC1 reports · 1 sources

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AAPL Stock Hits Historic 11x Sales Valuation Ahead of Tim Cook's Final Earnings Call as Apple CEO

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AAPL Stock Hits Historic 11x Sales Valuation Ahead of Tim Cook's Final Earnings Call as Apple CEOYahoo FinanceWesternJul 21, 10:26 AM UTC

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