Apple's Stock Price Rises Above $160 Mark to Set New All-Time High

Apple shares are currently trading for between $161 and $162, eclipsing the $160 mark for the first time ever and setting a new all-time intraday high. The nearly 2 percent rise in Apple's stock price gives the company a market valuation of around $835 billion on its path to becoming a trillion dollar company.

aapl aug 8 2017
Apple's previous all-time high in intraday trading was $159.75, set after its third quarter earnings results beat expectations. Apple's record close is $157.14, which could be topped today after less than one week. Conversely, Apple's 52-week low is $102.53, set September 12, 2016, five days after its iPhone 7 event.

With focus shifting to the so-called iPhone 8 upgrade supercycle expected later this year, AAPL price targets range between $140 and $208.

Tag: AAPL

Popular Stories

iPhone 17 Plus Feature

iPhone 17 Lineup Specs Detail Display Upgrade and New High-End Model

Monday July 22, 2024 4:33 am PDT by
Key details about the overall specifications of the iPhone 17 lineup have been shared by the leaker known as "Ice Universe," clarifying several important aspects of next year's devices. Reports in recent months have converged in agreement that Apple will discontinue the "Plus" iPhone model in 2025 while introducing an all-new iPhone 17 "Slim" model as an even more high-end option sitting...
iPhone SE 4 Vertical Camera Feature

iPhone SE 4 Production Will Reportedly Begin Ramping Up in October

Tuesday July 23, 2024 2:00 pm PDT by
Following nearly two years of rumors about a fourth-generation iPhone SE, The Information today reported that Apple suppliers are finally planning to begin ramping up mass production of the device in October of this year. If accurate, that timeframe would mean that the next iPhone SE would not be announced alongside the iPhone 16 series in September, as expected. Instead, the report...
iPhone 17 Plus Feature Purple

These 5 Features Will Make the iPhone 17 the Biggest Update in Years

Monday July 22, 2024 4:02 pm PDT by
The upcoming iPhone 16 models that we're expecting to see in September are going to be quite similar to the iPhone 15 models, but rumors suggest that Apple is making big changes in 2025. We've been hearing hints of an all-new device in the iPhone lineup, and it may be the most expensive iPhone Apple has offered to date. New 'Slim' Design Rumors have taken to referring to the new iPhone 17...
Apple TV Plus Feature 2 Magenta and Blue

Apple TV+ Curbs Costs After Expensive Projects Fail to Capture Viewers

Monday July 22, 2024 5:11 am PDT by
Apple is scaling back its Hollywood spending after investing over $20 billion in original programming with limited success, Bloomberg reports. This shift comes after the streaming service, which launched in 2019, struggled to capture a significant share of the market, accounting for only 0.2% of TV viewership in the U.S., compared to Netflix's 8%. Despite heavy investment, critical acclaim,...
iPhone SE 4 Thumb 1

iPhone SE 4 Rumored to Launch Early Next Year With OLED Display, 48MP Camera, and More

Monday July 22, 2024 7:22 am PDT by
The fourth-generation iPhone SE will offer a series of major upgrades over the current model, the leaker known as "Ice Universe" claims. The information was listed in a post on Weibo, which also detailed the specifications of the iPhone 17 lineup. As previously rumored, the fourth-generation iPhone SE is expected to feature Face ID and USB-C, marking a major upgrade from current and previous ...
bsod

Microsoft Blames European Commission for Major Worldwide Outage

Monday July 22, 2024 11:55 am PDT by
Last Friday, a major CrowdStrike outage impacted PCs running Microsoft Windows, causing worldwide issues affecting airlines, retailers, banks, hospitals, rail networks, and more. Computers were stuck in continuous recovery loops, rendering them unusable. The failure was caused by an update to the CrowdStrike Falcon antivirus software that auto-installed on Windows 10 PCs, but Mac and Linux...
iOS 18 on iPhone Feature

Everything New in iOS 18 Beta 4

Tuesday July 23, 2024 1:08 pm PDT by
Apple released the fourth beta of iOS 18 today, introducing small changes to a number of features throughout the operating system. There are no big additions in this beta, but Apple is continuing to refine existing settings and design choices. Apple plans to continue updating iOS 18 over the next few months, with the update set to be released this fall. We've rounded up all of the changes...

Top Rated Comments

Dave245 Avatar
91 months ago
But I thought Apple was doomed and Tim Cook should be fired because he's no good for Apple :rolleyes:
Score: 10 Votes (Like | Disagree)
44267547 Avatar
91 months ago
Timothy Donald Cook is such a underrated CEO.
Cooks achievements and making Apple the most profitable company in the world. Here are some Cook statistics:

The iPhone installed base has grown by 500M users.

The iPad installed base has grown by 175M users, sales have increased by 15%.

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.

Apple is earning more than $6B per year of revenue through app 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: 6 Votes (Like | Disagree)
dannyyankou Avatar
91 months ago
I’m sure the HomePod leaks helped.
Score: 5 Votes (Like | Disagree)
0003939 Avatar
91 months ago
In before "Apple is doomed" comments.
Score: 5 Votes (Like | Disagree)
Kaibelf Avatar
91 months ago
Those Apple employees who are due a fixed number of shares will be happy about this!
I'm happy about this, and I don't work there. I guess the pundits here on MR who claimed that Apple's on the ropes and Tim is leading the company into oblivion because of the lack of a new Mac Mini might not be expert CEOs in waiting after all.
Score: 5 Votes (Like | Disagree)
ArtOfWarfare Avatar
91 months ago
My stock portfolio is up 15% in 3 months.

Pretty sure I'm doing better than Warren Buffet at this whole stocks thing.

(Of course, I'm basically just gambling, so I only have $533 worth of stocks that I personally manage. One stock of AAPL. One stock of TSLA. Feels better to own them than to say, "Darn, I knew that'd happen, I should have bought some stock.")
Score: 5 Votes (Like | Disagree)