Apple's Stock Price Reaches All-Time High After WWDC Announcements

[MacRumors]

Apple's stock price has crossed the $200 mark and reached a new all-time high in intraday trading, one day after the company unveiled its Apple Intelligence suite of AI features coming with iOS 18, iPadOS 18, and macOS Sequoia.

Apple's stock price has split five times since the company went public, including on a 4-for-1 basis in 2020 most recently. This means that Apple's stock price would be over $45,000 today if it had never been split, and all other things being equal.

Generative AI has been a hot topic ever since ChatGPT debuted in 2022, and investors had been waiting for Apple to unveil its own plans for the technology.

Nvidia briefly surpassed Apple to become the world's second most valuable company last week, amid strong demand for its AI server chips, but Apple has now regained second place with a $3.1 trillion market cap as of writing. Apple now trails only Microsoft, which has a nearly $3.2 trillion market cap as of writing.

Apple Intelligence features are not included in the first developer betas of iOS 18, iPadOS 18, and macOS Sequoia, but they will be available this summer. Even when the features launch to the public later this year, they will still have a beta label. Read our coverage of the Apple Intelligence announcement to learn more about the new capabilities.



Article Link: Apple's Stock Price Reaches All-Time High After WWDC Announcements

 

[iJulio]

Apple Intelligence is going to be the “AI” that most normal people use day to day, and from what I saw during the presentation yesterday, a lot of it is simple and makes sense for it’s use case.

 

[sw1tcher]

Meh. I've been told stuff like this does not really matter.

 

[krebphone]

Great buying opportunity yesterday! Love it!

 

[spazzcat]

Wait people were claiming the 2% dip yesterday was the end of Apple.

 

[nicolas_s]

But people said on social media that it was the worst WWDC ever, how is it possible?

 

[BigBellyBelcher]

Love hate relationship with Tim Cook intensifies... retirement funds looks brighter though!

 

[JordanCautious]

I’m ngl. I think Apple has the branding down. “Apple Intelligence” takes away the corporate feel of ‘AI’ and the tagline “AI for the rest of us” is smart. Also the fact that it’s opt-in is amazingly smart. Now we just need to see the execution's of the AI itself. Or I should say, Siri 2.0.

Personally, I think the underreported fact that GPTK2 has AVX support is enough to buy some stock cause that could significantly improve Mac Gaming

 

[now i see it]

Stocks being purchased by Stock Bots

 

[coffeemilktea]

As soon as I saw pictures of Sam Altman at WWDC this year, I knew my shares of Apple stock were going to look much better in the near future...

...but I didn't expect it to go above $200 so soon; it hasn't even been a full 24 hours since the event and it already crossed over $203 at one point... Tim is really coming through right now.

 

[Apple Fan 2008]

I remember people losing it over the 2% dip yesterday.

 

[Macisawesome]

Apple's stock price has crossed the $200 mark and reached a new all-time high .

Funny the people that were posting on here yesterday said stock was tanking,
wonder where they are now

 

[kc9hzn]

I remember people losing it over the 2% dip yesterday.

Which is hilarious because Apple stock ALWAYS dips right after any Apple announcement.

 

[pksv]

I’m ngl. I think Apple has the branding down. “Apple Intelligence” takes away the corporate feel of ‘AI’ and the tagline “AI for the rest of us” is smart. Also the fact that it’s opt-in is amazingly smart. Now we just need to see the execution's of the AI itself. Or I should say, Siri 2.0.

Personally, I think the underreported fact that GPTK2 has AVX support is enough to buy some stock cause that could significantly improve Mac Gaming

Where do you see that it's opt-in?

 

[Macisawesome]

Meh. I've been told stuff like this does not really matter.

I guess Just when it goes down, you are one of those people.
Cheer up

 

[DocMultimedia]

I actually sold a bit yesterday because I had to pay for the three month European vacation I just finished. But let's just say it was a tiny little sale.

Happy with AAPL since 2004.

 

[dannys1]

Where's that guy yesterday who posted the chart of Apple dropping during the keynote? (which it does on every single keynote ever)

I'm over £50,000 in Apple so this is a nice little boost today.

 

[dannys1]

Where do you see that it's opt-in?

I think he's referring to the outsourced LLM models like ChatGPT, and most likely Claude and Gemini by the time iOS18 launches with these features.

I don't think the on device stuff will be opt-in, what would be the point. You didn't opt in to Siri originally ten years ago and that wasn't even run on the device.

 

[cardfan]

Wait people were claiming the 2% dip yesterday was the end of Apple.

No just simply expected a sell the news day yesterday. But for me it was buy the dip. I always buy some apple around this time.

 

[mabaker]

Got my first share in 1931 and never sold!

 

[zapm]

Stocks being purchased by Stock Bots

Musk is the only one who sees through this ChatGPT fiasco.
Tim Apple should retire. Musk should be Apple’s next CEO.

Found the bot.

 

[dumastudetto]

It's very exciting because Apple has come up with AI as an extension of the holistic Apple platforms experience. This means developers will easily be able to add incredibly powerful AI capabilities to their iOS, iPadOS, macOS applications.

I remember hearing Marco Arment saying several weeks ago he couldn't add transcripts to Overcast easily or cost-effectively. Pretty sure he'll be able to do it soon with these new Apple Intelligence APIs.

Not only that, Apple is open to baking other models into its platforms beyond ChatGPT. It's not something you'd necessarily expect from Apple, but they are going about this in a much more open, collaborative and transparent fashion than Google/Microsoft/OpenAI/etc.

This has masses of potential and will really extend Apple's platform leads.

Oh and.... $3.14tn !!!

 

[NT1440]

Which is hilarious because Apple stock ALWAYS dips right after any Apple announcement.

Always, always, always.

Perhaps it will take Apple fans using some "AI" to finally learn some basic pattern recognition. It doesn't matter what is announced, the immediate impact on Apple stock is always a dip after an event.

 

[cardfan]

 

[NEPOBABY]

I think he's referring to the outsourced LLM models like ChatGPT, and most likely Claude and Gemini by the time iOS18 launches with these features.

I don't think the on device stuff will be opt-in, what would be the point. You didn't opt in to Siri originally ten years ago and that wasn't even run on the device.

It’s opt in. We don’t live in the world of 10 years ago. You can disable things today.