Apple Stock Opens Trading at $300 Per Share
In something of a psychological milestone, Apple's stock opened for trading today at just over $300 per share, having risen 25% since late August and 42% since the beginning of the year.
Apple has passed several stock-related milestones so far this year, including blowing past $200 billion in market capitalization back in March and passing Wal-Mart in market capitalization just a few days later. In April, Apple's stock topped $250 for the first time, and by late May Apple had passed Microsoft to become the second-largest U.S. company by market capitalization, trailing only Exxon Mobil.
Since that time, Apple has expanded its lead over Microsoft in market capitalization to nearly $50 billion, although it has been unable to close the gap on Exxon Mobil as the energy giant's stock has also performed well over the last few months.
Apple is due to release its earnings report for the June-September quarter next Monday, with some observers predicting that the company will reach $20 billion in quarterly revenue for the first time in its history and surpass Microsoft in revenue for the first time in 15 years.
Popular Stories
Apple is developing an all-new operating system that is essentially a mix of tvOS, watchOS, and iOS, according to Bloomberg's Mark Gurman.
In a report this week, he said the operating system will feature a grid of icons, widgets, and apps, along with customizable clock faces.
The new software platform is intended for Apple's long-rumored smart home hub. With built-in facial recognition,...
Apple has yet to reveal when the iPhone 18 Pro and iPhone Ultra will be announced and released, but the dates usually follow a familiar pattern.
Labor Day is September 7 this year. The last time the holiday fell on that day was in 2020, but the iPhone event that year was delayed until October due to the COVID-19 pandemic. So, the last time Labor Day was on September 7 in a normal year was in ...
We're less than two months out from the launch of Apple's premium next-generation smartphone lineup, and while we're not expecting a dramatic change in terms of functionality, there are still several enhancements rumored to be coming to the iPhone 18 Pro and iPhone 18 Pro Max.
One thing worth noting is that Apple is reportedly planning a major change to its iPhone release cycle this year,...
