Apple hits all-time share price high and highest market capitalization
Stock tracking and financial websites like TradingView provide historical data for most stocks. Some allow users to submit queries for specific price ranges, maximums, and minimums. For example, whether a $20 stock increases by $2 (10%) or a $200 stock increases by $20 (10%), the increase in value is the same if you invested the same amount of money in both. However, owning more company shares at a lower price could offer more flexibility when selling a portion of your holdings without having to sell an entire share. But with many brokerages now offering fractional shares, this has become less important.
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- After all, the #1 stock is the cream of the crop, even when markets crash.
- Bottom like figures that could eclipse anything in the company’s history thus far.
- And that doesn’t take into consideration the impact of other projects already in the works, such as Augmented Reality (AR) devices and electric self-driving cars.
- The company split its stock in 2022 and as of July 1, 2024, closed at $197.20.
- That’s due, in part, to better-than-expected results for the quarter ending March 31, 2021.
- Google has products and services in education, GPS navigation, global business mapping, web conferencing, cloud storage, email communication, and autonomous transportation.
That put it ahead of No. 2 Nvidia (NVDA) at $3.54 trillion. Apple has held the title of most valuable company for a long time, having first attained it in August 2011. The milestone comes just one day after Apple’s stock recorded its highest closing price ever of $133.29 on Monday.
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- Broad investor sentiments for mega-cap tech stocks have shifted dramatically from bearish to bullish over the last year, thanks in no small part to Apple’s top- and bottom-line beats during 2023’s first quarter.
- In a single day of trading, the stock rose 30 percent, and soon the company was valued at $1 billion.
- Also like a lot of stocks, Apple shares have since retreated.
- After all, every other manufacturer of computers and smart devices needs the very same chips.
- We also boast an active community focused on purchasing decisions and technical aspects of the iPhone, iPad, Mac, and other Apple platforms.
- While other tech companies face heavy competition, changes in consumer behavior, and an inability to adapt, Apple has cemented its advantage on all three fronts.
- Seaboard Foods, one of the company’s major businesses, is among the largest grain and other agricultural goods producers in the U.S.
Apple has tacked on roughly $765 billion in market cap this year, which is more than the total respective total valuations of Berkshire Hathaway, Meta and Tesla. Broad investor sentiments for mega-cap tech stocks have shifted dramatically from bearish to bullish over the last year, thanks in Atr forex no small part to Apple’s top- and bottom-line beats during 2023’s first quarter. Fueling Apple’s strong financials was a record $20.9 billion in quarterly revenue from its services segment, which includes App Store sales and other non-product revenue streams.
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The company has invested heavily in Apple TV+, Apple Arcade, and similar services. These apps are currently enjoying widespread use, but that may be temporary. Apple gave users a one-year free trial with the purchase of any new device. It is possible, perhaps even likely, that subscriptions will fall off a cliff once users are required to pay. With a market cap of $2.38 trillion, Apple has achieved what once seemed impossible to founders Steve Jobs and Steve Wozniak back in 1976.
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It is also possible that the agreement could reverse an incoming tariff thinkforex announces free apple device promotion for new account holders set to start on December 15, which would raise the costs of iPhone imports by 10%. After all, the #1 stock is the cream of the crop, even when markets crash. The same sort of supercycle occurred in 2014 when Apple introduced a larger screen in the iPhone 6 series. There was a rush to upgrade, and industry experts expect the consumers to demonstrate the same behavior with this change. Second, Apple is dependent on suppliers for the silicon chips that power each and every device it produces.
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It has since fallen from that high, closing at $724.86 on July 1, 2024. Its brands include well-known Russell Stover, Lindt, and Ghirardelli. The company employs over 14,000 people and had sales of more than CHF 5.2 billion in 2023. Apple shares have risen dramatically during the tenure of CEO Tim Cook. Apple Intelligence is what Apple is calling its artificial intelligence feature set, previewed at WWDC in June 2024.
Any estimate of how high can Apple stock go is just a guess, as the company continues to disrupt entire industries year after year. It has a long tradition of innovation and the ability to invest in cutting-edge research and development, which means this is one company that may continue to shatter records for decades to come. It’s unlikely that anything can stop Apple stock altogether, but there are two risks that could slow the company down. The company closed at an all-time high of $2,715.06 on Nov. 7, 2022.
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AutoZone (AZO) sells aftermarket auto parts, such as brakes, batteries, engine oil, headlights, and drivetrains. The company’s share price has been steadily increasing since 2021, reaching a closing high of $3,239.32 on March 22, 2024. Following on from becoming a trillion-dollar company Apple has reached its highest valuation of all time today, during a trading period that put its shares at their highest Access Brokers price ever at $237.64.