Apple's stock (AAPL) closed at an all-time price of over $300 today.
The company's shares shot up 2.28% to a record price of $300.35 at the bell and have continued to rise to over $301 in after market trading.
A year ago, Apple was trading at around $142. Investors were concerned about slowing sales, production cuts, and lacklustre performance in China. Now a strong economy and growing revenue from wearables and services like iCloud, Apple TV+, Apple Music, and AppleCare have led to renewed optimism.
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The company's shares shot up 2.28% to a record price of $300.35 at the bell and have continued to rise to over $301 in after market trading.
A year ago, Apple was trading at around $142. Investors were concerned about slowing sales, production cuts, and lacklustre performance in China. Now a strong economy and growing revenue from wearables and services like iCloud, Apple TV+, Apple Music, and AppleCare have led to renewed optimism.
Spotlight Deal:
Arlo Pro Wireless Security Camera On Sale for 48% Off [Lowest Price Ever]
Share Article:
Facebook, Twitter, LinkedIn, Email, Reddit, Digg, Delicious, StumbleUpon
Follow iClarified:
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