Apple stock closed at $350.69 on November 9, the highest close in the company’s history. Shares gained $8.32, or 2.4%, on the day, according to Yahoo Finance’s historical prices, and MacDailyNews flagged it as a new all-time closing high.
At that price, Apple was worth about $5.1 trillion. Stockanalysis.com lists 14.53 billion shares outstanding, and MacDailyNews put the market value at $5.096 trillion, ahead of NVIDIA at $4.314 trillion and Microsoft at $4.049 trillion.
Apple has now set three record closes in less than two weeks
The November 9 record didn’t come out of nowhere. Apple closed at $348.91 on October 29, a record at the time. It then beat that on November 4 with a close of $349.51, and topped it again on November 9. Each new high cleared the last one by $1.18 or less, which tells you the stock has been grinding higher rather than spiking.
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The intraday peak came in between. On November 5, shares touched $355.38 during the session before closing at $344.17, so the stock gave up more than $11 from its high in a single day. That’s still the all-time intraday high.
The streak paused on November 10. Apple slipped $2.18, or 0.6%, to close at $348.51, and Stockanalysis.com puts the market cap at $5.06 trillion after that close.
| Date | Close | What happened |
|---|---|---|
| Oct 29 | $348.91 | Record close at the time |
| Nov 2 | $338.32 | Last close before Q4 results |
| Nov 3 | $331.90 | Down 1.9% the day after earnings |
| Nov 4 | $349.51 | Up 5.3%, new record close |
| Nov 5 | $344.17 | Hit $355.38 intraday, then fell |
| Nov 6 | $342.37 | Down again |
| Nov 9 | $350.69 | Up 2.4%, current record close |
| Nov 10 | $348.51 | Down 0.6% |
Shares fell after the Q4 earnings report, then rallied 5.3% in a day
Apple reported its fiscal fourth quarter after the bell on November 2. The earnings release showed revenue of $114.5 billion, up 12% from a year earlier, and diluted earnings per share of $2.10, up 14%. Gross margin came in at 47.9%, and Apple said tariff refunds added about 1 percentage point to that figure and $0.05 to EPS.
Wall Street didn’t cheer right away. Shares dropped 1.9% to $331.90 on November 3, as investors weighed the memory costs that dominated the earnings call. Then the mood flipped. On November 4, Apple jumped 5.3% to $349.51 on volume of 89.6 million shares, the heaviest trading day in the stretch.
Measured from the last close before the report, Apple is up 3.7%. From the post-earnings dip on November 3, it’s up 5.7%. So anyone who sold on the earnings reaction missed a fast rebound.
John Ternus has added about 7.9% to Apple’s share price since taking over as CEO
Apple’s board named John Ternus chief executive effective September 1, 2026, with Tim Cook moving to executive chairman. Apple closed at $325.13 on Ternus’ first day in the job, per Yahoo Finance and Stockanalysis.com data. The November 9 record sits 7.9% above that.
The early weeks were bumpier. Shares slid to $315.34 on September 9, eight days into his tenure. From that point, the stock has climbed 11.2% to the current record. Over the past 52 weeks, Stockanalysis.com shows Apple up 29.81%.
That’s a solid start for a new CEO, but it also sets a high bar. Ternus now leads into the holiday quarter with the stock near its peak, and investors have already priced in a lot of good news from the record $114.5 billion September quarter.
What a $5 trillion Apple means if you own the stock or plan to buy
If you hold Apple in a retirement account or a broad index fund, you probably own more of it than you think. Most big index funds weight companies by market value, and Apple sits at the top of MacDailyNews’ list of the largest US companies. That works in your favor while the stock climbs, and against you when it pulls back.
If you’re thinking about buying, keep the swings in mind. Between the November 3 close and the November 9 close, Apple moved from $331.90 to $350.69, and on November 5 alone it traded across a range of more than $13. Records make headlines, but those daily moves are what you’ll actually feel in your account.
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