Apple's Stock Opened at Record of Nearly $160 Per Share With $830 Billion Valuation - MacRumors
Skip to Content

Apple's Stock Opened at Record of Nearly $160 Per Share With $830 Billion Valuation

Following its June quarter earnings results, which beat Wall Street expectations for both revenue and iPhone sales, Apple's stock opened at an all-time high of $159.52 today. Apple also opened with a market cap of nearly $830 billion, moving it closer to becoming a trillion dollar company.

aapl aug 2
Investors and analysts alike remain optimistic about the so-called iPhone 8 expected later this year. Drexel Hamilton analyst Brian White today said his Wall Street firm continues to believe Apple remains among the most underappreciated stocks in the world, and maintained his lofty $202 price target.

MacRumors obtained the latest research notes from several Apple analysts with updated AAPL price targets and ratings.
aapl price targets august 2017
MacRumors has also published a complete transcript of Apple's post-earnings conference call with CEO Tim Cook and CFO Luca Maestri.

AAPL is currently trading in the $156 to $157 range after falling back a few dollars since the opening bell, but it's still up over 4 percent.

Tag: AAPL

Popular Stories

Apple Surprise Shine

iPhone 18 Pro Event Could Hit Apple Shares, KeyBanc Warns

Monday September 7, 2026 7:33 am PDT by
Apple's September 9 iPhone announcement event could become a negative catalyst for the stock, KeyBanc Capital Markets warns. In a research note seen by Investing.com, KeyBanc said the event could motivate investors to weigh pricing decisions against the impact of higher costs on demand and margins. KeyBanc added that Apple faces a choice to either raise prices broadly to offset gross...
iOS 26 Battery Glass Feature

Three Years of 80% Charge Limits on iPhone: The Results

Tuesday October 6, 2026 12:59 pm PDT by
Since 2023, Apple's newer iPhones have had an 80 percent charge limit for those who want to extend battery lifespan. Charging to 80 percent instead of 100 percent is supposed to put less stress on the battery, improving longevity. For the last three years, I've used that setting on my iPhone. I started with the iPhone 15 Pro Max, then did the iPhone 16 Pro Max, and most recently, the iPhone...
MagSafe 3 Cable Midnight Feature

Apple Releases MagSafe 3 Charging Cable Firmware Update

Monday October 5, 2026 5:59 am PDT by
For the first time since February 2023, Apple has released a firmware update for the MagSafe 3 charging cable for the MacBook Pro and MacBook Air. Specifically, Apple last week released firmware version 3.2.0 for the USB-C to MagSafe 3 Cable. The previous firmware version for the cable was 3.1.12. It is unclear what is included in the latest firmware, as Apple does not publish release...

Top Rated Comments

120 months ago
In early 2007, my wife thought I was crazy when I invested one year of my modest annual salary in AAPL. “It’s too big of a risk”, “I can’t believe you invested such a large amount in a computer company”, and more. However, I had recently converted over to Apple (from PCs) about 9 months earlier and I saw what a difference Apple was in the personal computing world. And then there were rumors and the eventual announcement of the iPhone. I realized the true visionary Steve Jobs was and I really liked the direction Apple was headed. I truly believed it would be the best investment I would ever make in my life...and it was.

It’s been a great ride over the last 10 years. I’m still on-board with that original investment and I look forward to seeing where things go from here.

As an investor, thank you Apple. As a consumer, thank you Apple. You make some of the best products and services in the world.
Score: 11 Votes (Like | Disagree)
thewebb Avatar
120 months ago
If only I invested in AAPL 10 years ago... or even had money to invest 10 years ago.
Score: 9 Votes (Like | Disagree)
120 months ago
Apple's current success is entirely due to Steve Jobs & Jonny Ive. Tim Cook has done **** all apart from stear the ship in the same direction.
You're making an anecdotal statement without backing it up with Facts. Here are some facts regarding Tim Cook and his overall achievements with in the last year:

The iPhone installed base has grown by 500M users.

The iPad installed base has grown by 175M users. Which is now up 15% in sales.

The Mac installed base has grown by 50M users.

Apple introduced Apple Watch, the company's first wearable product. Approximately 18M Apple Watches, a device positioned as an iPhone accessory, have been sold to date. Sales of Apple Watch were up over 50 percent in the June quarter 2017, and it's the number one selling smartwatch in the world by a very wide margin.


Apple is earning more than $6B per year of revenue through application sales via the App Store.

Apple successfully made the difficult jump from a paid music download model to streaming and is approaching 20M paying Apple Music subscribers.

Apple continues to push forward with Apple TV. The company is approaching 10M units sold since the device was updated in 2015.

Apple continues to develop key services including Apple Pay, Messages, and Maps.



https://www.aboveavalon.com/notes/2016/12/6/milking-the-iphone
Score: 8 Votes (Like | Disagree)
BallerBear Avatar
120 months ago
What happens if customers decide they don't want to spend $1000+ on a new smartphone?
they will
Score: 7 Votes (Like | Disagree)
djcerla Avatar
120 months ago
By 2030 Chinese phones will have made huge gains in the market, I'd guess. Better to buy index funds for long-term growth rather than focusing on specific companies.
By 2030, nobody will be using phones anymore.
Score: 7 Votes (Like | Disagree)
120 months ago
Invest now so you don't repeat this again, and again. It's only going up. EVERYTHING is only going up.
I am sure the same was said of Blackberry in 2006/early 2007...
Score: 7 Votes (Like | Disagree)
Latest Stories
Apple's Own Home Security Camera Still Coming Next Year
Apple's Own Home Security Camera Still Coming Next Year
57 minutes ago
Unfolded iPhone Duo Lets You Preview Documents in a Two-Page Layout
Unfolded iPhone Duo Lets You Preview Documents in a Two-Page Layout
1 hour ago
Formula 1 Coverage on Apple TV to Get Dolby Atmos Later This Month
Formula 1 Coverage on Apple TV to Get Dolby Atmos Later This Month
3 hours ago
LG Making Doorbell, Lock, and Cameras for Apple's Home Hub
LG Making Doorbell, Lock, and Cameras for Apple's Home Hub
14 hours ago
Apple to Report Q4 2026 Earnings on November 2
Apple to Report Q4 2026 Earnings on November 2
14 hours ago
Three Years of 80% Charge Limits on iPhone: The Results
Three Years of 80% Charge Limits on iPhone: The Results
16 hours ago
macOS 27.2 Further Hints at MacBook With Touch-Enabled OLED Display
macOS 27.2 Further Hints at MacBook With Touch-Enabled OLED Display
17 hours ago
The 15 Best Apple Deals Under $200 for Prime Day
The 15 Best Apple Deals Under $200 for Prime Day
17 hours ago
AirPods Pro 3 and AirPods Max 2 Get Big Price Drops for Prime Day
AirPods Pro 3 and AirPods Max 2 Get Big Price Drops for Prime Day
18 hours ago
Apple Releases Second Public Betas of iOS 27.2 and macOS Golden Gate 27.2
Apple Releases Second Public Betas of iOS 27.2 and macOS Golden Gate 27.2
18 hours ago
'Crossy Road Rush' Launching Exclusively on Apple Arcade in November
'Crossy Road Rush' Launching Exclusively on Apple Arcade in November
19 hours ago
Apple Watch Series 9 vs. Series 12 Buyer's Guide: Is It Worth Upgrading?
Apple Watch Series 9 vs. Series 12 Buyer's Guide: Is It Worth Upgrading?
19 hours ago
Prime Day Savings: TVs, Headphones, Chargers, and Other Tech Accessories
Prime Day Savings: TVs, Headphones, Chargers, and Other Tech Accessories
20 hours ago
Apple TV 4K Rumored to Support Four HomePods for Surround Sound
Apple TV 4K Rumored to Support Four HomePods for Surround Sound
21 hours ago
iPhone 18 Pro and Duo Were Once Planned With 16GB RAM, Leaker Says
iPhone 18 Pro and Duo Were Once Planned With 16GB RAM, Leaker Says
21 hours ago
Apple's Entire Mac Lineup Gets Massive Discounts for Prime Day
Apple's Entire Mac Lineup Gets Massive Discounts for Prime Day
22 hours ago
Prime Day iPad Deals Include Low Prices on iPad Air, iPad Mini, and More
Prime Day iPad Deals Include Low Prices on iPad Air, iPad Mini, and More
22 hours ago
Apple's $634 Million Apple Watch Patent Bill Just Got Even Bigger
Apple's $634 Million Apple Watch Patent Bill Just Got Even Bigger
22 hours ago
Amazon Prime Big Deal Days Offers Major Discounts on AirPods, iPads, and Much More
Amazon Prime Big Deal Days Offers Major Discounts on AirPods, iPads, and Much More
17 hours ago
Microsoft OneDrive to Drop Support for These iPhone Models
Microsoft OneDrive to Drop Support for These iPhone Models
1 day ago
HomePod Mini Waits Reach Eight Weeks Ahead of Rumored Refresh
HomePod Mini Waits Reach Eight Weeks Ahead of Rumored Refresh
1 day ago
Apple Music Is Getting a New Logo
Apple Music Is Getting a New Logo
1 day ago
Apple Quietly Boosts Email Feature for iCloud+ Subscribers
Apple Quietly Boosts Email Feature for iCloud+ Subscribers
5 hours ago
iOS 27.2 May Let You Hide Specific Suggested Actions in Messages
iOS 27.2 May Let You Hide Specific Suggested Actions in Messages
1 day ago
Sources: Apple Planning Two Sets of Product Launches in October
Sources: Apple Planning Two Sets of Product Launches in October
1 day ago
Apple Announces iPhone Duo Apps Can Now Be Submitted to App Store
Apple Announces iPhone Duo Apps Can Now Be Submitted to App Store
1 day ago
macOS 27.2 Adds Touch Gestures Ahead of MacBook Ultra
macOS 27.2 Adds Touch Gestures Ahead of MacBook Ultra
2 days ago
Apple and AT&T Have Yet to Explain Cause of iPhone 18 Pro Max Issue
Apple and AT&T Have Yet to Explain Cause of iPhone 18 Pro Max Issue
2 days ago
tvOS 27.2 Code Hints at Apple Intelligence for New Apple TV
tvOS 27.2 Code Hints at Apple Intelligence for New Apple TV
2 days ago
Apple Seeds Third macOS Golden Gate 27.2 Beta to Developers
Apple Seeds Third macOS Golden Gate 27.2 Beta to Developers
2 days ago