Apple Stock Hits All-Time High on Earnings Strength
Apple's stock price has hit an all-time high today, surging over 4% at the moment to top $207 per share. The peak eclipses Apple's previous high set in late December 2007. Apple's stock subsequently sank to a low of under $80 per share in late 2008 amid uncertain economic times before rebounding strongly over the past eight months.
Apple's total market capitalization is currently approximately $186 billion, placing the company behind only Exxon Mobil, Microsoft, and Wal-Mart in market cap rankings of American companies.
Apple's stock has seen a significant bump over the past couple of days in the wake of a stellar earnings report on Monday and subsequent price target upgrades from analysts looking ahead to future performance.
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Apple is about to release iOS 27, which will finally deliver more advanced Siri AI capabilities as well as a variety of other refinements, improvements, and new features to iPhones. It's Apple's biggest software update of the year, and Apple announced at Wednesday's iPhone event that it will be releasing iOS 27 sometime today – Monday, September 14.
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As noted by Nicolas Lellouche, who writes for the French tech website Numerama, Apple has updated its tech specs pages for the iPhone 18 Pro and iPhone 18 Pro Max to clarify which models are equipped with its new C2 cellular modem and where.
Apple now says the iPhone 18 Pro has a C2 modem worldwide, while the iPhone 18 Pro Max uses the chip in every country except for the U.S.
According...
Production theater company IMAX has responded in a mixed way to Apple's embrace of a 1:1.4 aspect ratio on the iPhone Duo's inner and outer displays. The boxier ratio happens to be very close to the classic "full-frame" IMAX 1.43:1 aspect ratio, which comes from the geometry of the company's original 15-perforation/70mm film system.
In response to an X post from someone wondering if we'll see...
