Apple has released a new Mac mini with M6 and M5 Pro chips and a Mac Studio with M5 Max and M5 Ultra processors, broadening its desktop range as investors assess iPhone demand, the expected mid-October launch of the Duo foldable and a valuation near historical highs. Apple says the M6 Mac mini delivers up to four times faster AI performance, twice the graphics performance and 40% faster CPU performance, while the M5 Ultra Mac Studio supports up to 512GB of unified memory for professional workloads and local AI through Apple Intelligence and Siri AI in macOS 27. The Mac mini starts at $899 with M6 and $1,699 with M5 Pro; the Mac Studio starts at $2,499 with M5 Max and $5,499 with M5 Ultra. The M5 Ultra remains a high-end system whose tested configurations reached $12,299, with major gains over the M3 Ultra for AI, video and rendering but a substantially higher entry price. Morgan Stanley analyst Erik Woodring said early iPhone 18 Pro and Pro Max demand seems stable despite production rising about 18%, while some Chinese consumers may be waiting for Duo. He expects Apple could sell nearly every foldable it produces over the next 12 months, while Jim Cramer called the device revolutionary. Apple shares rose 0.98% to $342.31 at publication, close to a 52-week high reported at $344.56 or $344.57, and analysts cited valuation risks if Services growth fails to reaccelerate.