Apple stock (NASDAQ: AAPL) has remained largely flat over the past month, underperforming the Nasdaq-100, which gained about 4% in the same period.

Apple Inc.’s stock surged Monday after J.P. Morgan made an upbeat call on iPhone availability, with improvement led by the iPhone 16 base models.

Shares of Apple, currently the most valuable company in the world, closed just shy of their all-time high on Monday.Apple’s stock price rose 2.3% to $233 on the last day of the quarter. That is less than 1% below its record close on July 16 of $234.

Apple's iPhone 16 Pro Max supports faster wired charging speeds than its predecessor, but they don't reach 45W as previously expected.

There's a cost-effective iPhone Pro if you want to prepare for Apple Intelligence, but Apple will not sell it to you.

Discover if it's worth upgrading to the new Apple iPhone 16 Pro Max or if you should stick with your current iPhone