Apple's Stock Off to Fast Start in 2012 with 50-Point Gain in January
With stock trading for January coming to a close today, Apple's performance for the first month of 2012 has been notable, with the company's stock riding strong earnings to a monthly gain of over 50 points that has increased its price by nearly 13%. Much of that gain came alongside Apple's stellar earnings release one week ago, but Apple has continued to drift upward since that time and closed at yet another record high of $456.48 today after touching $458.24 early in the day's trading.
Apple's market capitalization now tops $425 billion, and a weakening of Exxon Mobil's stock price over the past week has enabled Apple to open up a nearly $25 billion lead in the race for world's most valuable publicly-traded company.
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Apple is preparing a "bold" new iPhone Pro model for the iPhone's 20th anniversary in 2027, according to Bloomberg's Mark Gurman. As part of what's being described as a "major shake-up," Apple is said to be developing a design that makes more extensive use of glass – and this could point directly to the display itself.
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While the iPhone 17 Pro and iPhone 17 Pro Max are not expected to launch until September, there are already plenty of rumors about the devices.
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The first iOS 19 beta is less than two months away, and there are already a handful of new features that are expected with the update.
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If you have been experiencing issues with wireless CarPlay in your vehicle lately, it was likely due to a software bug that has now been fixed.
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