Apple Hits $317 Near Record High as Cramer Says 'Don't Sell'

On July 13, Apple shares climbed to $317.18, the only Magnificent 7 stock near its all-time high after surging 15% since June 25 and adding nearly $600 billion in market value. The gains reflect investor preference for Apple's lighter AI spending versus peers pouring billions into data centers. Jim Cramer reinforced the bullish view by urging investors not to sell, citing Apple's robust consumer ecosystem and record Q2 services revenue of $30.98 billion. Upcoming catalysts include July 30 earnings and the September 1 CEO transition to John Ternus, while analysts remain split with targets ranging from $315 to $365.