In 2007, Apple changed the game with the iPhone, a product that still drives half of its revenue today. The company is also making strides in artificial intelligence, running AI programs on local devices. The Magnificent Seven stocks, including Apple, collectively make up 34% of the S&P 500’s market cap. Apple’s revenue breakdown shows growth in Mac and iPad sales, but a decline in wearables and accessories. Despite challenges in China, Apple’s Services division is thriving with a 75.4% profit margin.

Apple, the tech giant, is known for its innovative iPhone, which generated a 133% jump in shares in 2007. The company now offers a range of products and services, with iPhone sales accounting for half of its revenue. Investors are watching Apple’s AI efforts closely, as it develops M-series chips for its devices. Although Apple is ending the year on a high note, it ranks last in the Magnificent Seven stocks for 2026 due to AI monetization challenges.

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Read more at Nasdaq: Ranking the Best “Magnificent Seven” Stocks to Buy for 2026. Here’s My No. 7