Apple shares briefly reached $345.34 at market open, surpassing the July intraday record of $344.57 and marking the company's highest valuation ever. The milestone comes three weeks after John Ternus succeeded Tim Cook as CEO. Following Cook's departure, shares had dropped roughly 10% after the last quarterly results but gradually recovered.

On the transition day, shares closed at $316.85, valuing Apple at approximately $4.68 trillion. Despite a pre-event dip of up to 3% ahead of the "Surprise and Shine" event, Wall Street and public response proved overwhelmingly positive. While it is too early to attribute the rally solely to Ternus, shares have climbed steadily since his appointment, suggesting investor confidence in the new leadership and product roadmap.

At publication, shares traded at $341.80.