Apple shares closed up 7.3% at $207.15 in their biggest one-day jump since November 2022, giving the company a $3.18T market cap, just under Microsoft's $3.22T
- The return to all-time high comes after Monday conference — Shares have underperformed most other big tech names this year
Bloomberg Ryan Vlastelica
Related Coverage
- View article MacRumors
- View article Neowin
- Apple's Stock Price Reaches All-Time High After WWDC Announcements MacRumors · Joe Rossignol
- Apple stock hits record high as investors react to Apple Intelligence announcements 9to5Mac · Benjamin Mayo
- Apple surges to record $3.18trn valuation thanks to AI focus Silicon Republic · Leigh Mc Gowran
- Apple adds $215 billion in market cap as stock leads S&P 500 for first time in years MarketWatch · Emily Bary
- Apple's AI-Powered Growth To Trigger 10% Revenue Surge By 2025, Predicts Gene Munster: 'This Is Just The Start Of Apple's Next Growth Chapter' Benzinga
- Wedbush: Race to $4 trillion market cap will be between Nvidia, Apple and Microsoft Investing.com · Vahid Karaahmetovic
- Apple stock reaches record high after announcement of new AI features Reuters
- Oracle Feeds Off AI Leftovers The Information · Martin Peers
- Apple shares soar to record high on promise of new AI features Irish Examiner · Mark Gurman
- Apple stock hits new record on AI strategy optimism Axios · Hope King
- Apple shares close at record high after company unveils AI software CNBC · Ashley Capoot
- Jim Cramer Bullish On Apple After AI Breakthroughs At WWDC 2024: ‘Beginning Of Generative AI For Personal Use, Not Corporate Use’ Benzinga
- Wedbush Analyst Dan Ives Says Apple's WWDC 2024 Keynote Lived Up To Its Hype: ‘I Think It Was A Home Run’ Benzinga · Ananya Gairola
- Apple rises over 3%, hits first record this year on hopes AI will fuel upgrades The Economic Times
- View article BNN Bloomberg
- Apple's Stock Price Reaches All-Time High After WWDC Announcements MacRumors Forums
Discussion
-
@rachelmetz
Rachel Metz
on x
i have 2 words for you: ipad calculator [Image of Apple stock chart at market close]
-
@seyitaylor
@seyitaylor
on x
think Apple is in the same place HP was a few decades ago, but that truth is not evenly distributed yet.
-
@markgurman
Mark Gurman
on x
Apple Intelligence probably won't bring a super-cycle to the iPhone 16 this fall, but if the company can start churning out engaging new features on a regular basis, it should bode well for the iPhone 17, 18, 19 and beyond. https://www.bloomberg.com/...
-
@benbajarin
Ben Bajarin
on x
In case anyone is wondering why investors favored Apple today it is because they are the best positioned to mainstream AI and monetize AI at a consumer services level. Tremendous financial upside for Apple and the software/services ecosystem that thrives on their platforms.
-
@stevesi
Steven Sinofsky
on x
@markgurman “Thrown out” is something one who doesn't understand how BigCo work might describe it. Every remarkable big company “re-strategization” starts with a “uh oh, here we go” from MS GUI, MS Internet, FB Mobile, Apple iPhone. Some fail, eg Google social. So necessary not s…
-
@markgurman
Mark Gurman
on x
The initial stock reaction to Apple Intelligence was negative but the stock is up 7% today. Why? Wall Street had time to digest how broad the suite of AI features is — there was so much thrown out at once in a rushed manner yesterday. The lack of a real leapfrog is irrelevant.
-
@munster_gene
Gene Munster
on x
$AAPL up ~5% to all time high (Nasdaq is flat). This is just the start of Apple's next growth chapter because these AI features make devices more valuable and powered in part by Apple's unique data. These experiences will be a must have for Apple customers...