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.

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