Apple Inc. (AAPL): A Top Stock Pick by Graham Stephan?

We just covered the Graham Stephan Stock Portfolio: Top 11 Stocks and Apple Inc. (NASDAQ:AAPL) ranks 1st on this list.

Apple Inc. (NASDAQ:AAPL) appears on our list of the top stock picks of Graham Stephan because it is a popular holding in the index funds that Stephan often asks his followers to buy and hold. Institutional investors are echoing Stephan in this regard. Apple posted a record-breaking $111.2 billion in revenue in Q2 2026, marking an impressive 17% year-over-year surge and easily outpacing Wall Street’s $108.92 billion consensus estimate.  Net income reached $29.6 billion, translating to a March-quarter record diluted EPS of $2.01, up 22% year-over-year and crushing the $1.93 estimate.

Jim Cramer on Apple (AAPL): “Doesn’t Hurt That They’ve Avoided Spending Hundreds of Billions of Dollars on Data Centers”

For the first six months of fiscal 2026, Apple Inc. (NASDAQ:AAPL) generated $254.9 billion in total net sales, up 16% compared to the first half of fiscal 2025. iPhone revenue for the quarter alone hit a March-record $57 billion, growing 22% year-over-year. Services revenue hit an all-time record of $31 billion, growing 16% year-over-year. Total company gross margin expanded to 49.3%, strongly supported by the Services segment maintaining a gross margin above 76%. This allows Apple to absorb rising advanced chip manufacturing and memory component costs without eroding bottom-line returns. Apple officially confirmed that its installed base of active devices has crossed an all-time high of 2.5 billion active devices globally.

While we acknowledge the risk and potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AAPL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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