Apple stock also saw record highs for intraday trading both before and after the Vision Pro announcement last Monday.
Today’s new record-high closing is the first for Apple since reaching a $3 trillion company valuation during intraday trading in January 2022. Apple would go on to lose $1 trillion in value by year’s end due to iPhone supply constraints bottlenecking sales.
And while Apple stock saw the company’s valuation hit the $3 trillion mark last year, AAPL still hasn’t closed with a $3 trillion company valuation.
Despite significant setbacks at the end of last year, it now looks likely that Apple will close with a $3 trillion valuation sooner than later. Apple is once again positioned as the most valuable company on Wall Street, with a $2.89 trillion valuation.
In terms of products, Apple is planning four new iPhones with USB-C this fall. The iPhone 15 and iPhone 15 Plus are gaining the Dynamic Island design introduced with the iPhone 14 Pro. 9to5Mac has in-depth reporting on the new iPhone 15 Pro and iPhone 15 Pro Max as well. The latter iPhone is expected to be the first with a periscope design lens system for enhanced optical zoom.
Apple Vision Pro, the company’s all-new AR/VR product, will hit stores in the United States in early 2024. The product carries a $3,499 price tag. Corrective lenses are sold separately.