Apple's Share Price Soars Past the $500 Mark
After becoming the first U.S. company to reach a market capitalization of $2 trillion last week, Apple's stock continues to soar as investors pour money into the company. Apple's stock officially opened this morning above the $500 mark, up another 3.5% to $515.
Apple and other tech heavyweights have seen their share prices rise significantly since market lows in March, with Apple more than doubling from its low of $224.
Apple's time as a $500+ stock will be short-lived even if it doesn't drop due to market trading, as the company's four-for-one stock split will take place at the close of trading on Friday, lowering Apple's share price to around $125. Apple's overall market value will be unchanged, however, as shareholders will receive three additional shares for each share they currently own.
Popular Stories
Apple is set to release iOS 18.2 in December, bringing the second round of Apple Intelligence features to iPhone 15 Pro and iPhone 16 models. This update brings several major advancements to Apple's AI integration, including completely new image generation tools and a range of Visual Intelligence-based enhancements. There are a handful of new non-AI related feature controls incoming as well.
...
Apple today announced new 14-inch and 16-inch MacBook Pro models featuring M4 Pro and M4 Max chips, alongside a new entry-level 14-inch MacBook Pro powered by the M4 chip.
Subscribe to the MacRumors YouTube channel for more videos.
The new M4 Pro and M4 Max machines come with a minimum of 24GB of Unified Memory as standard, up from 18GB in the previous models. Both models feature three...
The first Geekbench 6 benchmark results for the M4 Pro chip surfaced today. Impressively, the results that are available so far show that the highest-end M4 Pro chip is faster than the highest-end M2 Ultra chip in terms of peak multi-core CPU performance.
Here is a comparison of the results:
Mac mini with M4 Pro (14-core CPU): 22,094 multi-core score (average of 11 results)
Mac Studio...
Apple today in its new MacBook Pro press release announced that the MacBook Air lineup now starts with 16GB of RAM, up from 8GB previously.
This change applies to the 13-inch model with the M2 chip, the 13-inch model with the M3 chip, and the 15-inch model with the M3 chip.
In the U.S., the MacBook Air lineup continues to start at $999, so there is no price increase associated with the...
Apple today announced fully redesigned Mac mini models featuring the M4 and M4 Pro chips, a considerably smaller casing, two front-facing USB-C ports, Thunderbolt 5 connectivity, and more.
Subscribe to the MacRumors YouTube channel for more videos.
The product refresh marks the first time the Mac mini has been redesigned in over a decade. The enclosure now measures just five by five inches...
The iPhone SE 4 that's set to come out early next year is expected to debut Apple's first in-house 5G modem, according to Jeff Pu, an analyst who covers companies within Apple's supply chain.
In a research note this week with Hong Kong-based investment firm Haitong International Securities, Pu said Apple is expected to roll out its custom-made 5G modem starting with the next-generation...
While the new MacBook Pro lineup features faster M4 chip options, Thunderbolt 5 support for higher-end configurations, a nano-texture display option, and more, most of the previous MacBook Pro models with Apple silicon chips still offer the latest overall design, and fast performance, which might lead you to avoid upgrading this year.
If you are planning to skip the new MacBook Pro, here are ...