However, the price tag of nearly $3,500 could greatly limit its commercial success. Apple trades under the stock ticker name AAPL and went public on December 12th, 1980, with a valuation of $22 per share, according to Apple’s investor site. MacRumors attracts a broad audience of both consumers and professionals interested in the latest technologies and products. We also boast an active community focused on purchasing decisions and technical aspects of the iPhone, iPad, Mac, and other Apple platforms. AAPL is up over 50% compared to its 52-week low of $89.47 in May 2016. If you’d like to trade in Apple stock, read our explainer
how to buy Apple shares.

In his downtime, he pursues photography, has an interest in magic tricks, and is bothered by his c… Texas Pacific Land Corporation (TPL) is one of the largest landowners in the state of Texas. It has two main business segments, Land and Resource Management and Water Services and Operations.

Before we look at the highest stock prices, let’s touch on the difference between stock prices and market capitalization. While it’s tempting to equate a soaring stock price with a thriving business, the reality is not as straightforward. A company may simply not have a lot https://g-markets.net/ of shares outstanding, meaning the overall value of the company isn’t as high as you might think. Apple’s market cap is high because its stock price is high. And with approximately 15.5 billion shares outstanding, a high Apple share price equates to a massive market cap.

Market capitalization, which is calculated by multiplying the stock price by the total number of outstanding shares, provides a better measure of a company’s total value in the eyes of investors. Therefore, as you see the stock prices below, keep in mind that the value of the entity is not driven just by its stock price but double top reversal by the number of shares it has also issued. “Market cap” — short for “market capitalization” — is the total value of a public company’s outstanding shares, which are those owned by stockholders, not by the company itself. Outstanding shares can be owned by employees and board members — just not the actual corporation.

The release of an innovative, revenue-driving product or service is one of the few ways a company can influence its stock’s valuation. Apple’s financial performance, including the ascendance of its share price, relies heavily on product sales. However its product releases initially haven’t always pushed share price higher.

1. A sixth Apple stock split could motivate individual investors and traders to put more money into Apple stock.
2. The stratospheric share price is a good sign for investors ahead of Apple’s quarterly results, which is set to be revealed on October 30.
3. Stimulus from central banks to support struggling economies – including quantitative easing and historic low interest rates – have buoyed the value of many companies and assets.
4. The company closed at an all-time high of $2,715.06 on Nov. 7, 2022, worth about $2,984 in February 2024, adjusted for inflation.

“The FTSE 100 is a dinosaur, full of rather lumbering old-world stocks with precious little growth to offer,” said Neil Wilson, chief market analyst for Markets.com. He added that it is also “a very good proxy for the global economy, which we know is on its knees”. The iPhone-maker has seen its share price more than double since March, when panic about the coronavirus pandemic swept the world’s stock markets. Investors have been snapping up US tech stocks as demand for tech goods has surged amid the coronavirus pandemic. Apple’s recent financial performance doesn’t appear to justify such a steep valuation.

of the Highest Stock Prices in History

Apple created the global tablet market when it announced in January 2010 the upcoming release of the iPad. The price action may have been muted by early sales that missed Wall Street estimates. Though it didn’t have an immediate impact on Apple stock, the stock rose to $43 a share in just three months. Released on Oct. 23, 2001, the first iPod held up to 1,000 songs and had a battery life of 10 hours. The following day, the stock moved up slightly, from $18.14 to $18.95, and closed at $20.00 per share on Nov. 19, 2001.

Apple Stock History Timeline: The Path to $1 Trillion

It has almost doubled since the collapse in share prices in the immediate aftermath of the coronavirus outbreak. By contrast, market-watchers said London-listed companies, which include lockdown-hit oil companies and banks, have performed sluggishly compared to the runaway share prices of big US-listed tech firms. No company in history has ever had a market cap of $3 trillion or higher at the end of a trading day. Apple briefly topped $3 trillion in January 2022 during intraday trading. However, its market cap fell below the level by the market close. The company has proven over a long period that it can stay at the forefront of innovation and generate the earnings growth sought after by stock investors.

“For investors looking to jump on the Apple bandwagon now, where were you in March? If you were too skittish to get in back in March but are gung-ho now, what are you going to do if the stock pulls back amid an inevitable market correction? ” said Greg McBride, Bankrate.com’s chief financial analyst. This means that Apple’s market capitalisation is now up to a staggering $2.334 billion, which is by far the highest value that any company has achieved. Apple’s stock reached an all-time, split-adjusted high of $182.94 in January of 2022.

A Timeline of Apple and AAPL Stock Success

However, owning more company shares at a lower price could offer more flexibility when selling a portion of your holdings without having to sell an entire share. But with many brokerages now offering fractional shares, this has become less important. The price of each share in a company is determined by the supply and demand for that company’s stock in the market. The number of shares you own isn’t as important as the total value of your investment. Buying 10 shares of a lower-priced stock versus one share of a higher-priced stock doesn’t necessarily make a difference in the overall investment value. The company closed at an all-time high of $2,715.06 on Nov. 7, 2022, worth about $2,984 in February 2024, adjusted for inflation.

Booking Holdings (BKNG) owns the travel reservation sites Booking.com and Priceline, two of the biggest players in the online travel industry. Additionally, it also owns OpenTable, the restaurant reservation company. The company hit an all-time high close of $3,844.43 on Feb. 8, 2024.

This recent weakness is a gift from that perspective as well. In a similar and more recent vein, SellCell recently reported survey results indicating Apple’s iPhone brand loyalty currently stands at a record-high 92%. The brewing regulatory threat to Apple is real; CEO Tim Cook reportedly even called House Speaker Nancy Pelosi to stave off the impending legislation. Intellectually honest investors, of course, had to know this day of reckoning was coming sooner or later. Its big gains logged in 2020 of course only made Apple stock more vulnerable to the chip shortage as well as the “big tech” antitrust crackdown continuing to gel this year. Congress is considering six different pieces of legislation that could crimp Apple’s grip on consumers, if not force an outright restructuring of the company.

How Much Would Apple Stock Be Worth If It Never Split?

Stimulus from central banks to support struggling economies – including quantitative easing and historic low interest rates – have buoyed the value of many companies and assets. With the exception of Ocado, “there is no tech to speak of, which is where the real money has been made this year,” he added. Of the 38 analysts surveyed by Refinitiv in June, 11 rated the stock as a “strong buy” with another 21 recommending the stock as a “buy.” Investors certainly have reason to be excited about Apple’s achievement. If today’s gain holds up, the stock will have skyrocketed more than 48% in the first half of 2023.