Apple stock hit 52-week highs this week, touching a historic intraday peak of $323.45, pushing its market capitalization to $4.66 trillion. Driven by heavy institutional buying and analyst upgrades, the rally follows a chip-supply agreement with Broadcom through 2031 and a 40% year-over-year revenue jump at Foxconn, Apple’s primary assembly partner. The stock price rose from a prior baseline range of $265.00 - $280.00, with a Wall Street 12-month target of $345.00 (J.P. Morgan Estimate). Market capitalization increased from $3.90 trillion, with a projected target of $5.00+ trillion. Quarterly services revenue rose from a prior baseline of $26.5 billion to $31.0 billion, targeting $35.0+ billion, with services gross margin at 71%.