Apple reported its highest-ever revenue for a June quarter, hitting $94 billion. Despite underperforming in recent years, its stock is trading closer to its five-year average. The company saw year-over-year growth in hardware revenue, with services reaching an all-time high of $27.4 billion. Apple is increasing its investment in AI infrastructure and personnel, spending $3.5 billion on capital expenditures. With a forward PE ratio of 29, Apple has potential upside with its new focus on AI. The company has the resources to compete in the AI race, backed by $133 billion in cash and securities. Don’t miss out on the latest top 10 list, available when you join Stock Advisor. *Stock Advisor returns as of August 4, 2025. Stefon Walters has positions in Apple and Microsoft. The Motley Fool has positions in and recommends Alphabet, Apple, Microsoft, and Tesla. The Motley Fool recommends specific options for Microsoft. Apple’s AI Momentum Is Building — Here’s What It Means for Investors.

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