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

Apple stock is drawing investor attention after hitting an intraday all-time high and briefly reclaiming the title of the world’s most valuable company from Nvidia. The article highlights a major valuation expansion, with Apple reportedly trading at nearly 11 times sales, the highest in its history, driven by renewed optimism around its AI strategy, revamped Siri, and new AI features. The rally comes ahead of Tim Cook’s final quarterly earnings call as CEO, marking a leadership transition to John Ternus in September. While analysts remain constructive, there is caution about whether strong iPhone demand and the “supercycle” thesis can sustain the current valuation. The stock had gained sharply year-to-date and over the past month, but remained volatile into the next trading session.