Apple Stock Sets New All-Time High, Closes at $300 Per Share

Apple shares today hit a new all-time high and reached a closing price of $300 following yesterday's New Year's holiday, marking significant growth over the course of the last year.

In early January 2019, Apple shares were at $144 after Apple lowered its revenue guidance for Q1 2019 by up to $9 billion, spooking investors.

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iPhone sales in late 2018 and 2019 saw a major drop in China due to rising ‌iPhone‌ prices and trade tensions, but Apple has managed to boost sales by lowering prices, offering promotions, and introducing the ‌iPhone‌ 11 at a new $699 price point.

Apple stock has surged over the course of the last two months thanks to reports of better than expected ‌iPhone‌ 11 and 11 Pro sales and reports of stronger than ever AirPods sales.

Tag: AAPL

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Top Rated Comments

Baymowe335 Avatar
80 months ago
Tim Cook may be in the running for best CEO of all time. Why?

For you haters, Tim Cook has now added $1,000,000,000,000 (1 Trillion dollars) in shareholder value since taking over for Steve Jobs, more than any CEO in history.

This has been absolutely phenomenal to watch come to fruition. Apple's earnings prowess has been disrespected and misunderstood for so long. We are starting to see Apple's real value come through.

Congratulations to Apple and to all the shareholders.
Score: 45 Votes (Like | Disagree)
Red Oak Avatar
80 months ago
Hopefully all the perpetually enraged basement dwellers on the MR Forums invested!!
Score: 15 Votes (Like | Disagree)
ctyrider Avatar
80 months ago
Wondering where the usual "fire Tim Cook" crowd went..
Score: 14 Votes (Like | Disagree)
newyorksole Avatar
80 months ago
Wow. I honestly wouldn’t be surprised if it reaches $400+ by the end of this year. I think 2020 is going to be huge for Apple and tech in general.
Score: 11 Votes (Like | Disagree)
Bandaman Avatar
80 months ago

Tim Cook may be in the running for best CEO of all time. Why?

For you haters, Tim Cook has now added $1,000,000,000,000 (1 Trillion dollars) in shareholder value since taking over for Steve Jobs.

This has been absolutely phenomenal to watch come to fruition. Apple's earnings prowess has been disrespected and misunderstood for so long. We are starting to see Apple's real value come through.

Congrats Apple and congrats to all the shareholders.
Steve Jobs brought Apple from near bankruptcy to being worth half a trillion dollars before he passed away. It's nothing to scoff at.
Score: 10 Votes (Like | Disagree)
Yojimbo007 Avatar
80 months ago
Absolutely Mind Numbing.. Wow
Thank you Tim and Team!
Tim is mesmerizingly good at what he does!!! He is The Soul responsible for Apple’s stellar efficiency and profitability.
Form Steve’s time to now !
Score: 9 Votes (Like | Disagree)