9/9/2026, 5:40:02 pm

Apple to Reveal iPhone 18 Today: Key Stock to Watch for Tomorrow

Investor sentiment around Redington Ltd often sees a boost ahead of Apple’s annual iPhone announcement, but the stock’s reaction in the aftermath has varied substantially over the years. As Apple gears up for the unveiling of the iPhone 18, Redington shares have already rallied 10 percent in the last five trading days, closing at Rs 378.15, signaling heightened anticipation among investors. With a market capitalization of Rs 29,629 crore and a return of 55 percent over the past year, Redington remains in focus as a key distributor of Apple products and a leading provider of IT solutions in India, the Middle East, Turkey, and Africa.

Redington’s share price trends during Apple launch weeks have demonstrated a mix of excitement and volatility. In 2021, leading up to the iPhone 13 launch on September 24, the stock climbed 5.58 percent in the week prior, moving from Rs 137.32 to Rs 144.98, and continued its ascent by another 8.34 percent in the following 15 days to reach Rs 157.08, mirroring strong market reception to the new device. Similarly, in 2022, anticipation ahead of the iPhone 14 launch on September 7 pushed the stock up 5.81 percent over six trading days, rising from Rs 145.55 to Rs 154. However, post-launch volatility set in, with the share price dipping to Rs 146 before recovering to Rs 161.54 within seven sessions.

The pattern shifted with the iPhone 15 in 2023. Although Redington shares surged 7.41 percent before the September 12 launch, from Rs 155.02 to Rs 166.51, the stock retreated by 5.48 percent to Rs 157.38 following the event. A similar muted response followed the iPhone 16 launch on September 20, 2024, as the stock ticked marginally lower pre-launch and slid by 3.40 percent post-launch to Rs 186.27.

Investor enthusiasm returned dramatically with the iPhone 17 launch on September 9, 2025. The share price climbed 5.72 percent in the days preceding the announcement to Rs 243.10 and then soared by 29.40 percent over the next eight days, reaching a high of Rs 314.50 post-launch, indicating robust market excitement and optimism.

Redington’s close relationship with Apple continues to be a significant revenue driver. In the first quarter of fiscal year 2027, Apple accounted for 31 percent of the company’s global revenue, making it Redington’s largest vendor and a key factor in its mobility business performance.

With history showing mixed share price movements around past iPhone launches, all eyes are on how the stock will behave after the upcoming iPhone 18 event. Given Redington’s exposure to Apple and the pronounced rally after last year’s launch, investors remain attentive, though past market behavior does not guarantee future performance.

Founded in Chennai in 1993, Redington Limited operates across a broad geography, providing technology solutions and supply chain management for major global brands, and serving an expansive network of channel partners across India, the Middle East, Turkey, Africa, South Asia, and Southeast Asia. As Apple’s product cycle continues to influence market sentiment, Redington’s fortunes are likely to remain closely tied to its largest vendor’s launch events.

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Apple to Reveal iPhone 18 Today: Key Stock to Watch for Tomorrow

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