Apple Inc. ($AAPL) has recently garnered attention for hitting all-time highs in its stock price, reflecting strong performance amid ongoing discussions regarding its valuation metrics. Analysts have noted that Apple's current valuation multiples are in the 90th percentile compared to its 20-year history. There is also speculation around Elon Musk's newfound support for Apple, following his unexpected praise for one of its products. This shift in sentiment comes as Apple launches a viral holiday advertisement, further contributing to its positive market momentum. Despite these developments, some analysts express concerns that Apple's buybacks may only be maintaining its current position rather than driving significant growth, as the company has not seen a substantial increase in earnings per share (EPS) since 2021.