Apple's stock price reached a new all-time high, with shares trading for as much as $264.38 on the intraday market, according to Yahoo Finance.
The company's previous intraday high was $260.10, set on December 26, 2024. Note that Apple's stock has split five times since going public, including a 4-for-1 basis in 2020.
The new record follows strong demand for Apple's new iPhone 17 models, although the iPhone Air has been less successful overall. Apple achieved this record despite lagging behind companies like OpenAI and Google in generative artificial intelligence.
Strong demand for Apple's new iPhone 17, iPhone 17 Pro, and iPhone 17 Pro Max models.
Author's summary: Apple's stock reaches new high.