Apple shares are currently trading above the $234 mark on the intraday market, setting a new all-time high for the company. As noted by CNBC, the stock's previous all-time high was $233.47 in October 2018.
AAPL has surged nearly 10 percent over the past month, fueled in part by multiple reports indicating that iPhone 11 and iPhone 11 Pro sales have been better than expected so far in several countries, including the United States, China, and India, something that Apple CEO Tim Cook alluded to in a recent interview.
Apple is set to report its fourth quarter earnings results on Wednesday, October 30 after the stock market closes.
Tag: AAPL
Top Stories
Seemingly Unreleased Version of Logic Pro X With Live Loops Appears on Apple's Education Site [Updated]
Update: Apple has replaced the Logic Pro X image with an older version. Original story follows.
A seemingly unreleased version of Logic Pro X has appeared on Apple's education site, as spotted by a Reddit user. The image from Apple's education products page shows a 16-inch MacBook Pro running Logic Pro X, but with a familiar interface that looks extremely similar to GarageBand's Live Loops ...
Zoom Updates iOS App to Stop Sending Data to Facebook
Zoom, a video conferencing app that many people are using at the current time to keep in touch with coworkers while working from home, was sending data to Facebook without disclosing the data sharing to customers. As of today, Zoom has updated its iOS app to remove the SDK that was providing data to Facebook through the Login with Facebook feature, according to Motherboard, the site that...
Apple Suppliers Worried About iPhone Demand, Production Ramp-Up for New iPhones Reportedly Postponed
Most of the factories in China that supply devices and components to Apple are back to churning out products, but Apple suppliers are said to be worried about how much demand there will be for the current iPhone models and the new iPhones expected in the fall.
According to Reuters, a senior official at one of Apple's major supply companies said that orders for quarter ending in March are...
2020 iPad Pro Teardown Provides Closer Look at LiDAR Scanner and Confirms Incremental Update
iFixit today shared a video teardown of the new iPad Pro, which Apple unveiled earlier this month. iFixit found that most of the internals of the 2020 iPad Pro are the same as the 2018 model, confirming that the device is a relatively incremental update.
The most notable new feature seen inside the new iPad Pro was the LiDAR scanner, which measures the distance to surrounding objects up...
Apple Watch Series 6 Could Feature Touch ID Fingerprint Sensor, Pulse Oximetry and Sleep Tracking Support
The upcoming Apple Watch Series 6 set to be released this fall could include a Touch ID fingerprint sensor built into the crown of the device, according to Israeli site The Verifier, which cites "senior sources" who have worked with its staff for a "number of years" as the source of the rumor.
It's not clear how the alleged Touch ID fingerprint sensor would be implemented, as the Digital...
Bloomberg: Apple's 5G iPhone Still on Schedule for Fall Launch, But Future Products Could Be Delayed
Apple's 5G iPhone is still on track to launch within the company's typical annual fall release schedule, according to a new Bloomberg report on filed on Monday.
Signs are that Apple's Chinese-centric manufacturing -- of which Hon Hai is the linchpin -- is slowly getting back on track. The next iPhones with 5G wireless capabilities remain on schedule to launch in the fall, partly because mass...
Kuo: Apple to Launch Several Macs With Arm-Based Processors in 2021, USB4 Support Coming to Macs in 2022
Apple plans to launch several Mac notebooks and desktop computers with its own custom designed Arm-based processors in 2021, analyst Ming-Chi Kuo said today in a research note obtained by MacRumors.
Kuo believes that Arm-based processors will significantly enhance the competitive advantage of the Mac lineup, allow Apple to refresh its Mac models without relying on Intel's processor roadmap,...
Top Stories: Hands-On With 2020 iPad Pro and MacBook Air, iOS and iPadOS 13.4 Released, iPhone 12 Delay?
After last week's flurry of product launches, Apple's new iPad Pro and MacBook Air have started to make their way into consumers' hands, and we've gone hands-on with both of them this week. Apple this week also released iOS and iPadOS 13.4 (as well as macOS, watchOS, and tvOS updates) with a number of new features and improvements.
Subscribe to the MacRumors YouTube channel for more videos. ...
Deals: Huge Refurbished iPhone Sale Discounts iPhone 7, 8, X, XR, and XS (From $120)
Woot is back today with a big sale on refurbished iPhones, including markdowns on the iPhone 7, iPhone 7 Plus, iPhone 8, iPhone 8 Plus, iPhone X, iPhone XR, iPhone XS, and iPhone XS Max.
Note: MacRumors is an affiliate partner with Woot. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running.
As with every Woot purchase, those...
Apple Releases ProRes RAW Beta for Windows
Apple today released ProRes RAW for Windows in a beta capacity (via Mark Gurman), with the software designed to allow ProRes RAW and ProRes RAW HQ video files to be watched in compatible applications on Windows machines. According to Apple, the software will let the files be played within several Adobe apps: Adobe After Effects (Beta) Adobe Media Encocder (Beta) Adobe Premiere...
Top Rated Comments
(View all)What would I give to be doomed like this...
Doom. So much doom.
What would I give to be doomed like this...
It's all Tim Cooks fault and something about keyboards.
It appears iPhone 11 is doing so well, Apple had to ramp up it's production. That's awesome.
China is a double edged sword, but it's overwhelmingly been positive to this point. China is around 20% of their revenue.How much exposure does Microsoft have in China? That’s what worries me about Apple.
Microsoft fights China in the same ways through hardware production, and of course, piracy.
I love Microsoft, but their valuation today is questionable to me.
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You guys are priceless. If you bought AAPL last year, you'd be up huge.no hate just commonsense,
YES the new iphone 11 will sell great...
but the stock price is an other soap bubble waiting to burst again.
its all greed people trying to make a quick buck apple's profits are not that of a trilllion dollar companey not by a long shot that is why last year the stock hit rock bottom ....
Apple is more profitable than the other Trillion (Microsoft) or near trillion (Google, Amazon) companies. A lot more.
Apple makes about $60B in net income annually, making them a very cheap ~18X earnings at a $1T valuation. Microsoft makes about $33B annually and trades about 35X earnings. So talk about Microsoft before you even mention Apple.
Apple absolutely has the profits to back up their valuation and is probably the only company that actually justifies such a value.
Do your homework on fundamentals or don't bother talking about them.