AAPL Up 5% Weekly to $280 as Analysts Hike Targets Post-Record Q2 Earnings

Apple shares climbed over 5% for the week to around $280, capping a rally fueled by record fiscal Q2 earnings and bullish analyst updates. The stock dipped 5% on April 7 amid foldable iPhone delays and China risks but surged after April 30 results showed $111.2B revenue (+17% YoY vs. $109.5B est.), EPS $2.01, iPhone sales $57B (+22%), Greater China +28% to $20.5B, and Services record $30.98B. Upbeat Q3 guidance of 14-17% growth, $100B buyback, 4% dividend hike to $0.27, and CEO transition to John Ternus drove gains, despite memory cost warnings.