Wired
Apple’s stock price has hit a record high above $ 300, closing on Jan. 2 local time. More than 100% increase from the stock price at the beginning of 2019.
Apple valued at $ 1.33 trillion
On January 2, local time, the first trading day of 2020, Apple shares closed at a high of $ 300.35. Apple’s corporate value calculated from this stock price is about $ 1.33 trillion (about 144 trillion yen).
Apple shares have broken out of the $ 300 mark faster than analysts who have a bullish outlook on their stock prices.
2019 started with an unusually lower forecast
Earlier this year, Apple announced an unusual announcement that it would lower its earnings forecasts for the first quarter of fiscal 2019 (October-December 2018) in the form of a letter from Tim Cook Was.
Following this announcement, Apple’s stock price temporarily dropped to $ 142.19.
Since then, Apple’s stock price has been steadily rising in 2019 due to strong sales of the iPhone 11 series and strong sales of wearable products and services such as Apple Watch and AirPods.
Source: 9to5Mac, MacRumors
(hato)
Source: iPhone Mania