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Currently trading at $231 as of Friday morning EST, BofA analysts have raised their price objective to $256. The predicted 11% price jump is due to "increased confidence of a multi-year iPhone ...
Apple's stock surged 7% on Tuesday to reach a record-high close for the first time in 2024 as investors digested the announcement of its AI platform, Apple Intelligence.Shares in the iPhone maker ...
Due to the recent surge in price, shares of Apple are now trading at more than 36 times the company's trailing earnings. Over the past 10 years, the stock has averaged a much more modest earnings ...
Between early 2003 and 2006, the price of Apple's stock increased more than tenfold, from around $6 per share (split-adjusted) to over $80. [105] When Apple surpassed Dell 's market cap in January 2006, [ 106 ] Jobs sent an email to Apple employees saying Dell's CEO Michael Dell should eat his words. [ 107 ]
Analysts are expecting the stock to run higher. Analysts are expecting Apple to finish the current fiscal year, which ends in September, with $387.4 billion in revenue. That would be an increase ...
July 10, 2024 at 6:45 AM. Demand for the iPhone sent Apple (NASDAQ: AAPL) stock up nearly 10-fold during the past 10 years, making Apple one of the world's most valuable companies, with a market ...
The jump in Apple's stock price was driven by the company's better-than-expected numbers. It earned $1.53 per share on revenue of $90.8 billion, while analysts were expecting $1.51 per share on ...
Apple partnering with Cingular as an exclusive partner for the iPhone. Renaming of "Apple Computer, Inc" to "Apple Inc." to recognize the shift from being a computer company to a broader technology company. The following day, Apple shares hit $97.80, an all-time high at that point. In May, Apple's share price passed the $100 mark. [60]