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

[MacRumors]

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.

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.

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

 

[Baymowe335]

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.

 

[Yojimbo007]

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 !

 

[wilhoitm]

This is because they are selling so many Mac Pro's! ;-) /s But seriously $350 is the next target! Don't sleep on AAPL! Oh, and I bought one of those Mac Pro's and I am waiting for it to ship, there is a month wait if you ordered it with the wheels!

 

[newyorksole]

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.

 

[DocMultimedia]

My net worth...up up and away...my beautiful balloon. 🤑

 

[Red Oak]

Hopefully all the perpetually enraged basement dwellers on the MR Forums invested!!

 

[wilhoitm]

Hopefully all the perpetually enraged basement dwellers on the MR Forums invested!!

I think most of us put our money where our mouth is and we own Apple stock, and MacRumors is a great site for AAPL stock research and what may be coming!

 

[Bandaman]

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.

 

[diamond3]

That would put this stock at $2100 at the pre-stock split of 7 to 1 in 2014. It will be interesting to see what happens. This last year has been so good I'm afraid to jump in right now buying more.

 

[ctyrider]

Wondering where the usual "fire Tim Cook" crowd went..

 

[ruslan120]

Buying at the next dip or during the next recession and holding long-term onwards.

 

[a m u n]

Nice

iPhone 11 Pro Max, Apple Watch 5, AirPods Pro & MacBook Pro 16” — let's be honest — nobody can compete with this ecosystem.

 

[twocents]

Great start for the 20s! 10 years from now I hope we’ll have seen the unveiling of some truly innovative breakthroughs. For reference, this month will mark the 10th anniversary of the initial iPad keynote; my favorite Apple device by far 😁

 

[smithrh]

Markets are experiencing a good amount of irrational exuberance.

Hard part (most say impossible) is figuring out when the exuberance ends.

They aren't called business cycles for no reason.

 

[Pootie Tang]

Steve Jobs brought Apple from near bankruptcy to being worth half a trillion dollars before he passed away. It's nothing to scoff at.

Nobody's scoffing. The comment was about Tim Cook adding a trillion, which from what I read at Barron's today is the largest increase in market capitalization in publicly traded corporate history.

 

[SeattleMoose]

Hope we get a split soon....

 

[CWallace]

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.

The majority of "haters" seem to just care about Apple dedicating itself to either releasing new Macs every six months or releasing Macs that tailor specifically to their desires. If the company lost a trillion in shareholder value to do it, they'd be okay with it.

Hopefully all the perpetually enraged basement dwellers on the MR Forums invested!!

One would think they did not, hence their "perpetual enragement".

Steve Jobs brought Apple from near bankruptcy to being worth half a trillion dollars before he passed away. It's nothing to scoff at.

Indeed it is not. And that might be one of the reasons he chose Tim to succeed him knowing he would keep the corporate ship sailing strongly forward.

 

[Baymowe335]

Steve Jobs brought Apple from near bankruptcy to being worth half a trillion dollars before he passed away. It's nothing to scoff at.

No one said it is. Jobs was a genius, but Cook is COMPLETELY under-appreciated. That's the point.

Jobs brought Apple to roughly $300B, not $500B just FYI.

 

[Bandaman]

Nobody's scoffing. The comment was about Tim Cook adding a trillion, which from what I read at Barron's today is the largest increase in market capitalization in publicly traded corporate history.

The numbers are incomprehensibly huge.

Indeed it is not. And that might be one of the reasons he chose Tim to succeed him knowing he would keep the corporate ship sailing strongly forward.

He made a good choice, then.

 

[Seoras]

Back in the late 90's a good friend of mine, and life long Apple fan boy, was boring me to death about how good his Apple gear was. I said "if it's that good I assume you have invested in their stock?". Well that shut him up, temporarily, because he hadn't but he went out and sank a good chunk of $$s in Apple.
I'm still waiting for him to thank me!

 

[Rogifan]

Tim Crook must go! That’s how this works, right?

Anyway the stock will take a nose dive after the 5G iPhone comes out and sell side analysts start panicking about iPhone sales in 2022 or whatever.

 

[SuperCachetes]

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.

Agree. Barring some political fracas that severely impacts global economics, $400 is well in range IMHO. A lot of "5G supercycle" analyst talk is probably already baked into the current AAPL price, but I think the predictions are going to be truthful in the end; 5G is likely going to be good for mobile phone sales across the industry - whether consumers really need the speed or not.

My net worth...up up and away...my beautiful balloon. 🤑

Yup. It has become clear that the small bit AAPL I bought on a lark in 2007 was one of the most "accidentally prescient" decisions I've ever made. All because I thought my first Apple gadget, a 1G iPod Nano, was "really cool..."

 

[jayducharme]

To any of you who were able to buy Apple when it was $5 a share: Congratulations! I wish I had that foresight.

 

[dogslobber]

Apple hasn't released a successful product since Steve's time. They still ship iMacs with spinners in them. Cook has not clue so should be replaced with a guy of the calibre of Eddy Cue.