Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

MacRumors

macrumors bot
Original poster
Apr 12, 2001
69,679
40,923


Apple's stock price reached a new all-time high today, with shares in the company trading for as much as $264.38 on the intraday market, according to Yahoo Finance.

Stocks-App-Icon-and-Apple-Logo-Feature.jpg

The company's previous intraday high was $260.10, set on December 26, 2024.

Keep in mind that Apple's stock has split five times since the company went public, including on a 4-for-1 basis in 2020 most recently.

The new record comes after some Wall Street analysts and reports said there has been strong demand for Apple's new iPhone 17, iPhone 17 Pro, and iPhone 17 Pro Max models, although the iPhone Air is reportedly less of a hit overall, despite a hot start in China.

Apple achieved the record high despite continuing to lag behind companies like OpenAI and Google in the generative artificial intelligence space. Over the weekend, it was reported that some of Apple's software engineers have "concerns" about how well the more personalized version of Siri works on an internal iOS 26.4 beta for the iPhone.

Apple's next quarterly earnings report will be released on October 30.

Article Link: Apple's Stock Price Reaches New All-Time High
 
Last edited:
  • Like
Reactions: citysnaps
Personally, I’m also in an “all-time high” satisfaction with Apple. I know there will be critics in the comments (some of them deserved, like letting some ******tification in services), but they’re able to make very complex things to work almost flawlessly (switching airpods between devices, universal control…).

Maybe their products are not so *exciting* as in the past, but they’re incredibly solid. In the end, we need tools to solve things. And this is reflected in profits, and therefore in stock. When people say Apple does everything to please stakeholders instead of customers, they don’t realise that there is no black magic based on which Apple can constantly screw up customers and increase profits at the same time. It’s just a result of very happy customers.
 
Can someone explain why?
If the stock prices could be easily explained, we would all become rich (or, actually, nobody would, because if prices could be predicted, there would be no chance of arbitrage).

Essentially, the market (that is, a chunk of big investors who move the market) thinks that Apple can still grow its profits in the near future, the iPhone sales being only one of the factors why they think so.
Whether they are right or wrong, nobody can know. Also, these oscillations are often provoked by those seeking a very short term gain, trying to buy low and quickly reselling high.
 
Can someone explain why?

That depends.

People who constantly hate on Apple are often stunned by this or by record iPhone sales and chalk it up to “sheep” that will buy anything Apple makes.

The reality is Apple makes great products and the iPhone (their best seller) is the best smartphone you can buy. So consumers buy them in huge quantities vastly outselling all other flagships combined. Big sales equates to big revenues/profits which equates to stock price.
 
"Apple achieved the record high despite continuing to lag behind companies like OpenAI and Google in the generative artificial intelligence space."

Can you just let there be a sliver of positive news without souring it? It just sets the tone for endless complaints about everything Apple continues to do wrong.
 
And yet Apple’s software is at an all-time low in terms of quality control and user-friendliness.

Tim Cook is at an all-time high in terms of mediocrity and lack of innovation.
 
Last edited:
5... 4... 3... 2... 1...

Here comes the crash.

We're a few days away from the anniversary of the Wall Street Crash of 1929, for what it's worth.
We'll see. During the Great Recession, the long lines were not for soup or bread but for the iPhone.
 
But.. but.. but Apple is behind in AI!

No one is behind in AI. There is no moat. And LLM's have a long way to go. No model today is ready for Prime Time. From Apple or anyone else.

Doubtful LLM's as we know them are the future of AI
 
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.