Apple Just Added $81B! The iPhone Comeback Investors Hoped For?

Apple stock just surged 2%, adding a massive $81 billion to its market value! But what’s driving this rally? Is the iPhone finally making a comeback? 📱📈

Apple’s latest forecast suggests iPhone demand is rebounding despite tough competition and a slow AI rollout. Investors were skeptical, but Apple turned the tide with updates like ChatGPT integration in the iPhone 16. Meanwhile, competitors like Google and Microsoft are investing heavily in AI, but Apple is using AI strategically to sell more devices instead of spending billions on research.

However, there’s a challenge—Apple’s sales in China dropped 11% last quarter, and competition from Huawei is intensifying. The good news? Government stimulus in China might help Apple bounce back.

With analysts raising price targets and Apple stock already up 30% last year, is this the start of a major Apple comeback?