Apple (AAPL) Stock Hits Record High as iPhone Duo Demand Outpaces Supply

TLDR Apple (AAPL) touched a record $351.73 on Friday and closed at $347.73 as the iPhone Duo sold out. Apple has reportedly asked suppliers to raise Duo orders by 30%, with delivery dates now stretching to late January. Foxconn’s final assembly yield was reportedly just above 60% in September, which could slow output. Analysts are split: Ives sees $400, JPMorgan $360, and Loop Capital cut its target to $330 with a Hold rating. Apple reports Q4 FY26 earnings on November 2, but the results will not include Duo sales. Apple (AAPL) stock closed at $347.73 on Friday after touching a record $351.73. The stock was down about 1% on Monday. Apple Inc., AAPL The move followed the launch of the iPhone Duo, Apple’s first foldable phone.

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