Apple's Stock Price Officially Crosses the $400 Mark
Following yesterday's strong earnings report, Apple's stock price has officially broken through the $400 mark in regular trading today, rising over 5% to sit at roughly $406.
Apple's share price rose above $400 during after-hours trading yesterday following the earnings release, but now that the mark has been breached during regular trading, it's considered official as an intraday all-time high.
Apple's stock had dropped as low as $224 in late March as concerns mounted over the global health crisis, but it has experienced a strong and steady recovery since, rising over 80 percent in the last four months. Many other large tech companies have experienced similar surges, including Amazon, Microsoft, and Google parent Alphabet.
As part of its earnings release yesterday, Apple also announced that it will be initiating a four-for-one split of its stock in late August. The move will drop the price of a single share of the company's stock to around $100, before accounting for any changes in price between now and the effective date for the split. Current owners of Apple stock will receive three additional shares for each share they own.
Popular Stories
AirTags may be a convenient way for tracking dogs that might get off leash or otherwise lost, but there are dangers associated with the practice, as outlined by a report from The Wall Street Journal.
At 1.26 inches in diameter, AirTags are able to fit easily on a dog's collar, but that size also makes the tracking devices small enough to swallow, at least for a medium to large-sized dog, and ...
Apple has previously announced several upcoming iOS features that are expected to be added to the iPhone this year. Some of the features could be introduced with iOS 16.4, which should enter beta testing soon, while others will arrive later in the year.
Below, we have recapped five new iOS features that are expected to launch in 2023, such as an Apple Pay Later financing option for purchases ...
Apple's next device with an Apple silicon chip may not be a Mac or an iPad, but rather an advanced external display, according to recent reports.
The display, which is rumored to arrive this year, is expected to sit somewhere between the $1,599 Studio Display and the $4,999 Pro Display XDR – but more exact information about the device's positioning and price point is as yet unknown. While ...
In June 2022, Apple previewed the next generation of CarPlay, promising deeper integration with vehicle functions like A/C and FM radio, support for multiple displays across the dashboard, personalization options, and more.
Apple says the first vehicles with support for the next-generation CarPlay experience will be announced in late 2023, with committed automakers including Acura, Audi,...
When the original HomePod launched in 2018, it was discovered that the speaker can leave white rings on some wooden surfaces. Now, well-known YouTuber Marques Brownlee has confirmed that the issue persists to a lesser extent with the new HomePod.
In a side-by-side test, he showed that the white second-generation HomePod left a white ring on the wooden surface that he placed the speaker on,...
Apple's VP of hardware engineering Matthew Costello and product marketing employee Alice Chan recently spoke with Men's Journal and TechCrunch about the new second-generation HomePod in wide-ranging interviews about the smart speaker.
Apple discontinued the original full-size HomePod in March 2021 after multiple reports indicated that sales of the speaker were lackluster, but Chan told Men's ...
Top Rated Comments
hindsight it 20/20 - no point kicking yourself now...You know what they say, "the best time to invest is yesterday."