Today’s trade closed at $183.79, marking the first record close for Apple (AAPL) stock in almost a year. Just one week after Apple revealed its Vision Pro mixed reality device for next year, the closing price reached a record high.
Apple has not closed at a record-high level since January 2022, when intraday trade brought the company’s valuation over $3 trillion. By the end of the year, iPhone supply restrictions had caused Apple to lose $1 trillion in value.
Despite Apple shares reaching $3 trillion valuation last year, AAPL has yet to close with a $3 trillion business valuation. Despite severe setbacks at the end of last year, it currently appears that Apple will be valued above $3 trillion sooner rather than later.
Apple plans to release four new iPhones equipped with USB-C this autumn. The iPhone 15 and iPhone 15 Plus will get the Dynamic Island design first seen on the iPhone 14 Pro. The latter iPhone is likely to be the first to include a periscope lens system for improved optical zoom.
Apple Vision Pro, the company’s first AR/VR device, will be available in stores in early 2024. The product is priced at $3,499 USD. Corrective lenses are available for purchase separately.