Saturday, October 24

AAPL

AAPL, iPhone News

Apple Becomes First US Company to Achieve $ 2 Trillion Market Value

Apple continues to experience a surge, becoming the first publicly traded US company to surpass a staggering $ 2 trillion in market value, after its shares surpassed the $ 467.77 required to reach the incredible market capitalization. According to CNBCApple was the first American company to reach $ 1 trillion in market capitalization in August 2018, and now it has once again become the first to reach $ 2 trillion. On July 31, Apple surpassed Saudi Aramco to become the most valuable publicly traded company on the planet. Despite hitting a low during the start of the coronavirus pandemic in March, Apple has since more than doubled. Apple is currently trading at $ 468.13 per share, up 1.27% on the day at the time of writing. While Apple is now worth $ 2 trillion, Siri still can't...
AAPL, iPhone News

Apple Closes at $373.85 Per Share, New All-Time High

Apple shares today hit an all-time high of $375.78 USD per share, and closed at $373.85 per share, another all-time high for the company. The price surge can be attributed to Loop Capital Markets analysts Shawn Harrison and Ananda Baruah, in their latest research note to investors issued on Monday. “While the increase for March 2021 is sizable, we suspect Apple would rather be prepared for a net increase in demand rather than be caught short given a lack of visibility and the uncertainty in supply associated with the shift to 5G components,” said the analysts, noting Apple had increased its iPhone orders for this fall and winter by 1-2 million devices for each quarter. The second previous closing high for Apple shares was on June 23, 2020, when shares closed at $366.53. Apple’...