AAPL Opened at All-Time High, Shares Have Risen Nearly 150% Since Late March

Apple's stock opened at a new all-time high of $138.05 today, eclipsing the company's previous opening record of $137.59 set on September 2, 2020. However, the share price has since trended downwards slightly in intraday trading.

aapl logo banner
Apple has seen its stock price rise nearly 150% since opening at a 2020 low of $57.02 in late March, a few weeks after COVID-19 was declared a pandemic by the World Health Organization. The company has thrived during the pandemic, seeing strong demand for devices like Macs and iPads as many people work, learn, and socialize from home.

Apple set a September quarter record with $64.7 billion revenue, and its December quarter could be even more impressive, as the entire iPhone 12 lineup launched within the quarter due to pandemic-related delays. In fact, the oft-lucrative holiday quarter could see Apple report all-time high quarterly revenue above $100 billion for the first time ever, according to 27 analyst estimates averaged by Yahoo Finance.

It's worth noting that Apple announced a four-for-one stock split in August, and split-adjusted trading began at the end of that month.

Tag: AAPL

Popular Stories

election results 2024 live activities

Track 2024 U.S. Election Results Live on Your iPhone Lock Screen

Tuesday November 5, 2024 5:02 am PST by
Apple News is providing Live Activities support for the 2024 U.S. presidential election, allowing iPhone and iPad users to track electoral results in real time directly from their Lock Screen. The feature is rolling out for U.S. users over the course of Election Day, November 5, providing continuous updates of the electoral count. So if you're interested, you don't need to repeatedly check...
Generic iOS 18

Everything New in iOS 18.2 Beta 2

Monday November 4, 2024 12:34 pm PST by
Apple today seeded the second betas of upcoming iOS 18.2 and iPadOS 18.2 updates to developers, and Apple is continuing to refine the Apple Intelligence capabilities. There are also a handful of smaller features that are worth knowing about. Find My Find My has a new option to Share Item Location with an "airline or trusted person" that can help you locate something that you've misplaced....
iCloud General Feature

Here's What's New in Apple's Updated iCloud Terms and Conditions Taking Effect Next Week

Friday September 13, 2024 7:39 am PDT by
Apple has started notifying users about an upcoming revision to its iCloud Terms and Conditions, which takes effect on Monday, September 16. We compared the text of the upcoming iCloud Terms and Conditions with the current U.S. version from September 18, 2023 and identified four key changes: "Apple ID" references have been changed to "Apple Account" throughout. iCloud users must agree to ...
ipads early bf deals

The Best Early Black Friday iPad Deals

Tuesday November 5, 2024 7:02 am PST by
Black Friday is still a few weeks away, but you can already find great prices on numerous iPads, including the 9th generation iPad, 10th generation iPad, iPad Air, and iPad mini. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running. Of course, there is a chance that ...
ios 18 2 chatgpt plus

iOS 18.2 Beta 2 Shows Siri ChatGPT Limit, Offers 'Plus' Upgrade Option

Monday November 4, 2024 10:54 am PST by
With the second beta of iOS 18.2 that's available for developers today, Apple has further fleshed out the ChatGPT integration that's available with Siri. In the Settings app, there's now a section that shows the ChatGPT daily limit, and offers an option to upgrade to the paid ChatGPT Plus plan. The beta includes an Advanced Capabilities section with a "Daily Limit" reading that shows up as...
M4 MacBook Pros Thumb

M4 MacBook Pro Reviews: Processor Benchmarks Impress, New Nano-Texture Option Worth the Extra $150

Thursday November 7, 2024 6:14 am PST by
The first wave of reviews of Apple's new M4-powered MacBook Pro models were published this morning. We've collected some of the latest impressions from YouTube channels and select media outlets below. Apple last month announced the new 14-inch and 16-inch MacBook Pro models, adding next-generation M4, M4 Pro, and M4 Max chips, with Thunderbolt 5 ports on higher-end models, display and camera ...
early apple watch black friday

The Best Early Black Friday Apple Watch Deals

Wednesday November 6, 2024 6:33 am PST by
Black Friday is just around the corner, and Apple Watch deals have begun appearing ahead of the shopping holiday on November 29. In this article, we'll take a look at all of the best early Black Friday Apple Watch deals, including the new Series 10 models. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may receive a small...

Top Rated Comments

triton100 Avatar
50 months ago

I'm an investor but $30 cases and $1500 phones will do that for you.
No. Making quality products that people love to use will do that for you.
Score: 21 Votes (Like | Disagree)
Bryan Bowler Avatar
50 months ago
Been riding the wave since 2007 and what a great ride it has been!
Score: 11 Votes (Like | Disagree)
macguru212 Avatar
50 months ago
I tell ya, this fruit company has a bright future!
:p
Score: 9 Votes (Like | Disagree)
Baymowe335 Avatar
50 months ago

AAPL = BTC :rolleyes:
Terrible analogy and zero understanding of either.
Score: 6 Votes (Like | Disagree)
Baymowe335 Avatar
50 months ago
Congratulations to those who listened to me the last 5 years.

AAPL is now trading at split adjusted $550 after trading at $90 a few years ago. Remember when they stopped reporting unit sales and were “done?”

Long AAPL.
Score: 6 Votes (Like | Disagree)
adamjackson Avatar
50 months ago

No. Making quality products that people love to use will do that for you.
I figured someone would take the bait. You don't need to defend Apple. I've been an investor since 1997 and I purchased quite literally everything they've ever made since then including their socks, XServe and even the iPod Hi-Fi and eMac.

They maintain incredibly high profit margins on everything they sell which is my point. I only use their cases but if you can't be real and admit their iPhone cases are grossly overpriced, then we really can't have a discussion.
Score: 6 Votes (Like | Disagree)