Apple's Stock Reached New All-Time Highs This Week

Apple's stock closed at an all-time high price of $144.57 on Wednesday and continues to extend its gains this week, reaching a new intraday high above $145 in trading today. Apple shares have risen around 17% since the start of June.

apple show time event banner
The stock market gains come ahead of Apple's third quarter earnings results, which will be reported on July 27. Apple unveiled several new products during the quarter, including the AirTag and new models of the iPad Pro, iMac, and Apple TV in April, and previewed major new software updates like iOS 15 and macOS Monterey at WWDC in June.

Apple's market cap is approaching a staggering $2.5 trillion, making it the world's most valuable tech company. Microsoft joined Apple in the $2 trillion valuation club for the first time last month, with gains extending to several major tech stocks.

According to Yahoo Finance, analysts on average expect Apple to set a new third quarter revenue record of $72.9 billion, up around 22% from $59.7 billion in the year-ago quarter. Apple's CFO Luca Maestri cautioned that supply constraints could have a revenue impact of $3 billion to $4 billion in the third quarter, with industry-wide chip shortages affecting supply of iPads and Macs, which could impact the results.

Tag: AAPL

Top Rated Comments

Justin Cymbal Avatar
29 months ago
I bought a lot of Apple stock in May of last year in my IRA and have been holding it since

Hopefully it continues to go up even further- I’m keeping it as a long term investment
Score: 21 Votes (Like | Disagree)
iBug2 Avatar
29 months ago
I bought at 130$ 3 weeks ago. Guess it's still a good time to buy AAPL.
Score: 14 Votes (Like | Disagree)
TheYayAreaLiving ?️ Avatar
29 months ago
Congratulations Apple! Well deserved!! Best company in this planet.

Let’s release new hardware products please.
Score: 13 Votes (Like | Disagree)
senttoschool Avatar
29 months ago
Apple Silicon going to take Apple to the moon ?
Score: 12 Votes (Like | Disagree)
DeepIn2U Avatar
29 months ago

I bought at 130$ 3 weeks ago. Guess it's still a good time to buy AAPL.
some of us had it a bit longer, surviving the dips $ cost averaging. For me it's about the long term dividends and splits. For now NVidia is proving a LOT more profits the last 5wks and upcoming 4-1 split for those on ownership up to 6.29th. 6 more days for the split.

More importantly is all these lawsuits has NOT destroyed confidence in Apple's business etc. Apple remains strong.
Score: 11 Votes (Like | Disagree)
armhol Avatar
29 months ago

Almost exactly 10 years ago, I bought 8 shares of AAPL. Today, that amount is worth 100x my investment. My only complaint is that I didn't buy 80 shares ha.
I bought 2000 shares after Steve came back on board. I knew he'd turn things around so jumped in @ $28 a share around 2003. Adjusted for splits that is now £0.28 a share. I held them until March 2019, (riding some scary dips during that time) when i sold them all. Bought back in during the dip at two thirds of what i sold for and ended up with 2700 shares. Best thing i ever did! $560 becomes $390,000.
Score: 10 Votes (Like | Disagree)

Popular Stories

Multi Display CarPlay 1

All-New Apple CarPlay Launching Later This Year With These 5 New Features

Friday September 29, 2023 11:29 am PDT by
At WWDC 2022 last year, 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 said the first vehicles with support for the next-generation CarPlay experience would be announced in late 2023, but it has still not shared any additional...
BMW Logo iPhone 15 Pro

Warning: BMW Wireless Charging May Break iPhone 15's Apple Pay Chip

Sunday October 1, 2023 6:14 am PDT by
If you have an iPhone 15 and drive a BMW, it might be best to avoid charging the device with the vehicle's wireless charging pad for now. Over the past week, some BMW owners have complained that their iPhone 15's NFC chip no longer works after charging the device with their vehicle's wireless charging pad, according to comments shared on the MacRumors Forums and X, formerly known as Twitter. ...
iPhone 15 Pro lineup

Apple to Address iPhone 15 Pro Overheating Issue With iOS 17 Update

Saturday September 30, 2023 9:28 am PDT by
Apple plans to release an iOS 17 update to address a bug that may contribute to the reported iPhone 15 Pro and iPhone 15 Pro Max overheating issue, according to a statement the company shared today with MacRumors and Forbes reporter David Phelan. Apple also says some recent updates to third-party apps have overloaded the system and contributed to the overheating issue. The report notes that...
iphone se 4 modified flag edges

iPhone SE 4 Details: Action Button, USB-C Port, Face ID, and More

Wednesday September 27, 2023 1:34 pm PDT by
Significant changes are expected to arrive with Apple's fourth-generation iPhone SE, in terms of both design and hardware, MacRumors has learned. The iPhone SE 4, known internally under the codename Ghost, is expected to receive a new design derived almost entirely from the base model iPhone 14. According to our sources, the iPhone SE 4 will use a modified version of the iPhone 14 chassis...
iPhone 16 Side Feature

iPhone 16 and 16 Pro: Preliminary Weights and Dimensions

Friday September 29, 2023 12:34 pm PDT by
MacRumors has obtained preliminary information on the weights and dimensions planned for the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. The information corroborates previous reports suggesting that the iPhone 16 Pro and 16 Pro Max will feature larger displays. iPhone 16 and 16 Plus Current information suggests that the iPhone 16 and 16 Plus will maintain the same...
uk bank account apple wallet 2

Apple Wallet's New Bank Account Feature Likely to Expand to U.S.

Friday September 29, 2023 8:11 pm PDT by
Starting with the iOS 17.1 beta released this week, iPhone users in the U.K. can add debit and credit cards from select banks in the country to the Wallet app and view their available balances and latest transactions for those accounts. Apple calls this feature Connected Cards, and it's currently available in the U.K. only, but there is now evidence to suggest it will expand to the U.S. in...
iPhone 15 Pro Cameras

Apple Says iPhone 15 Pro's Titanium Frame Does Not Contribute to Overheating Issue

Saturday September 30, 2023 11:10 am PDT by
Apple today said it plans to release an iOS 17 software update with a bug fix for the iPhone 15 Pro and iPhone 15 Pro Max overheating issue, and the company has since shared additional details about the matter with MacRumors. Importantly, Apple said the issue is not related to the titanium frame. Contrary to a report this week, Apple said the iPhone 15 Pro's design does not contribute to...