AAPL Shares Hit Another All-Time High as Morgan Stanley Raises Apple Price Target to $200
Apple shares closed at a new all-time high today, rising 3.5% to finish the regular trading day at $171.18. Shares have also gained another 1% in after-hours trading, touching $173.
Apple's stock is up over 32% this year and almost 14% in just the past month, with the company reaching a market capitalization of $2.8 trillion.
It's mostly been a fairly steady march upward for Apple shares over the past several months, with only a couple of significant dips including one last week following word that Apple has warned suppliers of weakening iPhone demand.
Apple's stock quickly rebounded from that dip, and today's high comes as prominent Morgan Stanley analyst Katy Huberty raised her price target for Apple's shares from $164 to $200, citing the potential of augmented reality and autonomous vehicles for Apple.
Related Stories
Apple has been lauded as "ungodly well-managed" by billionaire investor Charlie Munger, Yahoo Finance reports.
In an exclusive interview, the Berkshire Hathaway vice chairman told Yahoo Finance Editor-in-Chief Andy Serwer:I think Apple is one of the strong companies and will stay a strong company. I think it's ungodly well-managed.
Apple is now Berkshire Hathaway's largest stock holding,...
Apple has aggressively defended its ecosystem in a newly-published response to the UK's competition watchdog.
The UK's Competition and Markets Authority (CMA) today published Apple's response to its Interim Report on mobile ecosystems, as well responses from dozens of other companies, including Google, Microsoft, and Epic Games.
The detailed 47-page response from Apple aggressively...
Apple is providing stock bonuses to some engineers in order to prevent them from moving on to companies like Meta, reports Bloomberg. Last week, select engineers in silicon design, hardware, software, and operations were informed that they would be receiving a $50,000 to $180,000 stock bonus, which Bloomberg says is "unusual and significant."
Most engineers received stock worth $80,000 to...
Apple CEO Tim Cook's earnings totaled $98.7 million in base salary, stock, and other compensation, according to a statement that Apple filed with the SEC today.
Cook earned a $3 million base salary, and he was provided with stock award of $82,347,835. This stock award is RSUs that will vest over time, and it includes $44.8 million in performance-based stock awards and $37.5 million in...
Cellular carriers in the United States routinely have solid offers on the latest iPhones, and today we're tracking a few deals that have appeared in January at AT&T, Verizon, and T-Mobile. These discounts are focused on Apple's new smartphone lineup, including the iPhone 13, iPhone 13 mini, iPhone 13 Pro, and iPhone 13 Pro Max.
Note: MacRumors is an affiliate partner with some of these...
Apple has begun offering additional trade-in savings on the Apple Watch Series 7 when customers upgrade from an earlier model during February, which is Heart Month.
Apple is offering all customers who trade in an Apple Watch this month up to $235 in extra trade-in savings to encourage owners of older Apple Watch models to upgrade to the latest model.
The extra trade-in values apply to...
Apple's team of employees working on the company's long-rumored electric vehicle has "been dissolved for some time," and must be reorganized soon in order for mass production of the vehicle to begin by 2025, analyst Ming-Chi Kuo said in a tweet today.
Apple's electric vehicle plans have reportedly faced numerous setbacks since the project was approved in 2014, including several leadership...
Tuesday February 1, 2022 1:16 am PST by
Sami FathiIn celebration of Heart Month, Apple is offering all customers who trade in an Apple Watch $25 extra in credit to encourage owners of older Apple Watch models to upgrade to one of the newer models.
Heart Month is celebrated during February, and Apple this week shared some of the ways it's celebrating across its services. The $25 Apple Watch trade-in credit is valid until February 28 in...
Popular Stories
Last year's iPhone 13 Pro models were the first of Apple's smartphones to come with 120Hz ProMotion displays, and while the two iPhone 14 Pro models will continue to feature the technology, their screens could well boast expanded refresh rate variability this time round.
To bring ProMotion displays to the iPhone 13 Pro models, Apple adopted LTPO panel technology with variable refresh...
Leaker Jon Prosser today shared ostensibly accurate renders of the iPhone 14 Pro, providing the most accurate look yet at what the device could look like when it launches later this year.
In the latest video on YouTube channel Front Page Tech, Prosser revealed renders of the iPhone 14 Pro made by Apple concept graphic designer Ian Zelbo, highlighting a range of specific design changes...
With around four months to go before Apple is expected to unveil the iPhone 14 lineup, the overwhelming majority of rumors related to the new devices so far have focused on the iPhone 14 Pro, rather than the standard iPhone 14 – leading to questions about how different the iPhone 14 will actually be from its predecessor, the iPhone 13.
The iPhone 14 Pro and iPhone 14 Pro Max are expected...
The iPhone 14 will feature a more expensive "high-end" front-facing camera with autofocus, partly made in South Korea for the first time, ET News reports.
Apple reportedly ousted a Chinese candidate to choose LG Innotek, a South Korean company, to supply the iPhone 14's front-facing camera alongside Japan's Sharp. The company is said to have originally planned to switch to LG for the iPhone...
Apple today confirmed that the keynote event for the Worldwide Developers Conference will begin at 10:00 a.m. Pacific Time on June 6, the first day of WWDC. The keynote will be an online-only event, though a select number of developers have been invited to the Apple Park campus for a viewing event.
In addition to confirming the keynote date and time, Apple has shared the full WWDC 2022...
Apple today announced new Pride bands for the Apple Watch, with new Pride Edition Sport Loop and Pride Edition Nike Sport Loop options available.
The new Pride Edition bands are available to order today for $49 on Apple.com and in the Apple Store app, and will be available at Apple Store locations starting May 26. The Pride Edition Nike Sport Loop is also coming soon to Nike.com.
This...
Top Rated Comments
Get real.