People are interested in knowing the highest price for a reason. The reason is to know how much one can gain if the performance repeats in the future. In addition to the highest price value, you will see sections that analyze various factors related to the price value and timeframe. Those interesting sections will help you with deep insights. Apple actually sold an earlier version of a tablet in 1993 known as the Newton MessagePad.
Apple’s stock has split several times since it first went public in December 1980. The first split came on June 16, 1987, on a two-for-one basis at a pre-split price of $79. Through that lens, Apple is doing very well based on its market cap, which ranks it among the world’s most valuable companies.
Apple Inc (AAPL) Highest Price Compared to 3 Similar Stocks
A sixth Apple stock split could motivate individual investors and traders to put more money into Apple stock. The stock market reflects all known information about companies, according to the https://www.topforexnews.org/ efficient market hypothesis. It processes and assimilates new data rapidly through the mechanism of buying and selling. After that stunning peak in the late summer, Apple’s value slumped.
- This article breaks down Apple’s product lines and how they have affected the company’s stock performance and position in the global market.
- A sixth Apple stock split could motivate individual investors and traders to put more money into Apple stock.
- That is 310 times more than the figure required to be considered a large-cap company and greater than the entire GDP of the United Kingdom in the year 2022, per Worldometer.
- This category’s direct relationship with the services segment, illustrated by the Apple Fitness correlation with the Apple Watch, is likely to continue to be a major driver for Apple’s growth.
- Chipotle (CMG) is known for its fast-casual Mexican restaurants worldwide, serving a variety of burritos, tacos, and other food.
- Midcap companies have a market capitalization value between $3-10 billion.
Though it didn’t have an immediate impact on Apple stock, the stock rose to $43 a share in just three months. Perhaps I will treat myself to a nice steak dinner tonight, or maybe I’ll buy a new iPad Pro if one is announced soon, or maybe I’ll do both! And now I just use DRIP for the dividends, so that my share amount will slowly but surely increase every single quarter. What matters more is the percentage change in the share price. The company closed at an all-time high of $2,715.06 on Nov. 7, 2022. It has since fallen from that high, closing at $1,490.98 on Feb. 20, 2024.
We also boast an active community focused on purchasing decisions and technical aspects of the iPhone, iPad, Mac, and other Apple platforms. This section compares the performance of Apple Inc (AAPL) stock against S&P 500, a broader market index. A simple technique https://www.investorynews.com/ will help you get a feel of the magnitude of the highest price. The technique is to compare the price with the average prices during the month and year of occurrence. The price action may have been muted by early sales that missed Wall Street estimates.
Apple Vision Pro vs Meta Quest 3 compared – Displays, prices & graphics
This category’s direct relationship with the services segment, illustrated by the Apple Fitness correlation with the Apple Watch, is likely to continue to be a major driver for Apple’s growth. The services segment constantly evolves to keep up with user demand. So, perhaps its overall sales rather than any particular release is most important to share pricing. Apple provides users with services that are used with its devices. This category is designed to help users stay productive, entertained, and connected through tablets, smartphones, and personal computers. This is arguably the most revolutionary tech product ever created, changing the landscape of the mobile phone market.
But with many brokerages now offering fractional shares, this has become less important. Chipotle (CMG) is known for its fast-casual Mexican restaurants worldwide, serving a variety of burritos, tacos, and other food. The company’s stock has been steadily increasing, closing at a high of $2,666.99 on Feb. 7, 2024. 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.
On the first day of trading following its sale, Apple’s stock rose slightly more than 1%. Apple held a market share in the tablet arena of 38% as of Q4 2021. Companies split stocks to create new shares in order to boost liquidity. Although the total https://www.currency-trading.org/ number of shares in existence changes, splits don’t alter value because the total dollar value of the shares remains the same. The final stock split came on Aug. 31, 2020, when it split on a four-to-one basis at a pre-split price of $499.23.
Apple’s (AAPL) Highest Stock Price: $197.86 (on 12-14-
By September 2023, Apple’s market cap fell to $2.8 trillion. But don’t feel too bad for the California-based tech giant. However, some are cautionary, having dropped from their highs, pointing to the need for diversification and thorough research when investing. Stock tracking and financial websites like TradingView provide historical data for most stocks. Some allow users to submit queries for specific price ranges, maximums, and minimums.
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 by the number of shares it has also issued. 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 of shares outstanding, meaning the overall value of the company isn’t as high as you might think. « 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.
Google produces revenue through advertising, publishing tools, and the Android operating system. Driving revenue growth is the continued adoption of advertising, which accounts for 80% of Google’s revenue (notably its AdSense and AdWords platforms). Technology giant Alphabet (GOOGL), best known for its Google search engine, reached a closing high of $2,960.92 in October 2021. The company’s shares have since split, and the stock closed at $141.12 on Feb. 20, 2024. This means Apple’s market capitalisation is now up to a staggering $2.34 trillion (roughly £1.7 trillion), by far the highest value that any company has achieved.
And it looks like the company’s best days may well be ahead. The agreement is thought to include some US tariffs relief, which is likely to help companies like Apple that are affected by the extra import charges. 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. Apple is also slowly but surely on track to become the world’s first trillion dollar company.
On the other hand, each product has had a noticeably positive effect on the stock price over a longer period of time. This points to the importance of basing one’s investment decisions on a long-term view of performance, and not on day-to-day volatility. There have been few Apple product releases that immediately resulted in a meteoric rise in the company’s stock price.
By doing so, investors can allow innovative companies like Apple to provide them with solid returns. If Apple never split its stock, a single share would have been worth around $1,800 as of 2021. Apple also paid App Store developers more than $60 billion, an all-time high that demonstrates the importance of this segment to increasing revenue and stock price.
If you’re considering a dip into the stock market, read our guide to buying Apple shares. We also have details of Apple’s 1st quarter 2021 financial results. During Friday’s trading on the US Nasdaq stock exchange, the stock traded at a peak of $139.85, the highest listing so far in the company’s 45-year history.