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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A decade ago, developer Riley Testut released the GBA4iOS emulator for iOS, and since it was against the rules at the time, Apple put a stop to downloads. Emulators have been a violation of the App Store rules for years, but that changed on April 5 when Apple suddenly reversed course and said that it was allowing retro game emulators on the App Store. Subscribe to the MacRumors YouTube channel ...
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The lead developer of the multi-emulator app Provenance has told iMore that his team is working towards releasing the app on the App Store, but he did not provide a timeframe. Provenance is a frontend for many existing emulators, and it would allow iPhone and Apple TV users to emulate games released for a wide variety of classic game consoles, including the original PlayStation, GameCube, Wii,...
Top Rated Comments
Hello.
You'll regret that ;)
Add to that, Apple tends to spend more money on R&D during downturns, meaning that once the economy picks up they'll have even more cool toys right when the companies that cut back are just starting to re-hire.
Should be fun.