Apple Inc. (AAPL) experienced a significant stock surge of nearly 5% today, leading to an increase of approximately $200 billion in market capitalization. This spike follows the release of the company's latest earnings report, which revealed a revenue of $111.2 billion for the quarter, marking a 17% year-over-year growth. A key contributor to this performance was iPhone sales, which reached a record $56.99 billion during the March quarter. Additionally, Apple's services segment reported an all-time high of $30.98 billion. The stock's rebound comes after a period of underperformance, driven by concerns over earnings and leadership transitions. Apple also announced a $100 billion share buyback and raised its dividend by 4% to $0.27 per share, further boosting investor confidence. With this rally, Apple reestablishes its position among the top-performing tech companies, joining peers like Amazon, Alphabet, and Nvidia.